Stocks on Wall Street experienced a sharp decline following Donald Trump’s comments on the potential for his tariffs to cause a recession. The Dow Jones Industrial Average fell by 89 points, the S&P 500 ended the day down 2.7%, and the Nasdaq dropped by 4%, marking its largest single-day loss in five years. Tesla’s shares took a hit, plummeting 15% as criticism of Elon Musk’s political leanings heightened. Meanwhile, Japan conducted an auction to sell a portion of its emergency rice reserves aimed at reducing prices.

Source: https://www.france24.com/en/tv-shows/business/20250310-market-selloff-nasdaq-logs-worst-day-since-2022-as-trump-s-tariffs-spark-recession-fears