US actions suffered a strong fall on Monday due to fears of a recession in the world's largest economy. The three main indices of the New York Stock Exchange closed in red.
The US bags collapsed on Monday due to the incessant dispute over tariffs and the growing concern for a possible partial paralysis of the federal government, which feeds that the United States economy may be entering a recession.
The strong fall of the previous week resumed and gained more impulse as the session progressed. The three main American stock market rates suffered strong declines.
On Thursday, the technological index had fallen to 10 % less than its historical closing maximum, which confirmed that it had entered correction.
The S&P 500 reference index closed below its 200 -day mobile average, a very guarded support level, for the first time since November 2023.
“It is an important fall for one day, but we are seeing the normal type of setback that is seen in a bullish market,” said Tom Hainlin, National Investment Strata of US Bank Wealth Management. “The concern is increasing and investors are leaving, but we have not yet seen that concern for growth is manifested in the data.”
On Sunday, Trump refused to comment on the negative reaction of the market to his tariff measures against the main business partners of the United States, and if anxieties related to their erratic policy changes could push the economy to a recession.
A survey of Reuters Among economists reflected the growing recession risks for the United States, Canada and Mexico.
China's retaliation tariffs to some US imports will come into force on Monday, while US tariffs some basic metals are foreseen by the end of the week.
According to preliminary data, the S&P 500 lost 155.21 points, or 2.69 %, to 5,614.99 points, while the Nasdaq Composite dropped 726.01 points, or 3.99 %, to 17,470.21. The Dow Jones industrial average fell 890.63 points, or 2.08 %, at 41,911.09.