American stocks decreased in early trade on Tuesday, damaging on Monday, as the markets refused to deny a potential recession of President Donald Trump, refusing to rule a potential recession between a global trade war.
Dow Jones Industrial Average scored about 80 points, or 0.2%, while S.,& P500 declined by 0.2%. Tech-Havi Nasdaq fell around 0.15%.
On Tuesday, there was a decline in a day market after a slight decline in early trading, touched by the American tariffs on Canada, Mexico and China last week, some of which were delayed. On Monday, the anti -repayment tariff released by China deepened a trade war between the world’s two largest economies.
On Monday, Tech-Havi Nasdaq fell by 4%, recorded its worst day of trading since 2022. Dow Jones Industrial Average and S& P500 dropped more than 2% on every Monday.
The market fall on Monday increased the deficit last week. SceneAnd P500 recorded its worst week since September.
Asked about a possible recession in an interview aired on Sunday, Trump said that the tariffs planted in recent times could bring “duration of infection”.
A businessman works on the floor of the New York Stock Exchange in the early bell in the city of New York on March 10, 2025.
Charlie Tribalu/AFP through Getty Image
“I hate predicting such things,” Trump told Fox News in an interview recorded on Thursday. “It takes some time, but I think it should be great for us.”
In response to a question on Sunday about his reluctance to rule with a recession, Trump said: “Let me tell you what, of course you hesitate. Who knows?”
The Labor Statistics Bureau is expected to release a report on Tuesday morning how many jobs are open in the economy, which may provide another clue about the strength of the economy amidst the concerns of the new recession. A inflation report is expected on Wednesday.
This is a developing story. Please check back for updates.
ABC News’ Max Zahan contributed to this report.
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