American actions plunged on Monday as fears grew on an economic slowdown after President Donald Trump did not exclude a recession.
The NASDAQ flowed by 4.0% at the end of trading, its strongest loss of a day since 2022, and there have been heavy losses on other markets, the technological actions seeing the biggest drops.
Tesla shares dropped by around 15.4%, while the manufacturer of NVIDIA chips fell by more than 5%. Other major technological actions, including Meta, Amazon and Alphabet, have also sank.
The S&P 500 index slipped by 2.7% and the industrial average of Dow Jones dropped by 2.1%.
This occurs after Trump said that the US economy was in a transition period after he was asked about the concerns of a potential recession.
Addressing Fox News in an interview broadcast on Sunday, but recorded Trump on Thursday seemed to recognize concerns. “I hate to predict things like that,” he said. “There is a transition period because what we are doing is very large. We bring the richness in America. This is a great thing.”
Among growing economic analysts, economic analysts will slow down and prices will increase.
Last week, the main American markets fell back at the level before Trump’s electoral victory last November, which was initially welcomed investors due to hopes for lighter tax and regulation reductions.
