United States | News & Politics

2555 readers

1136 users here now

Welcome to [email protected], where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

Post anything related to the United States.

founded 2 years ago

MODERATORS

[email protected]

Stocks’ sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy (apnews.com)

submitted 1 week ago by [email protected] to c/[email protected]

2 comments fedilink hide all child comments

NEW YORK (AP) — The U.S. stock market’s sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through tariffs and other policies in order to get what he wants.

The S&P 500 dropped 2.7% to drag it close to 9% below its all-time high, which was set just last month. At one point, the S&P 500 was down 3.6% and on track for its worst day since 2022. That’s when the highest inflation in generations was shredding budgets and raising worries about a possible recession that ultimately never came.

The Dow Jones Industrial Average dropped 890 points, or 2.1%, after paring an earlier loss of more than 1,100, while the Nasdaq composite skidded by 4%.

top 2 comments

sorted by: hot top controversial new old

[–] [email protected] 7 points 1 week ago

raising worries about a possible recession that ultimately never came.

You mean the recession that is still ongoing, but the news refuses to call a recession, because they changed the definition of recession?

[–] [email protected] 4 points 1 week ago

He'll take it as low as he can so he and his bod6ies can buy the selloff. Art of the steal.