Wall Street Shaken 411 Points
The opening bell rang on Wall Street, but instead of the usual hum of optimism, a wave of uncertainty swept across the trading floor. Investors braced themselves as the numbers on the big screens flashed red. The Dow tumbled 411 points right at the open, a clear sign that fear was gripping the market.
The source of the anxiety? A weekend interview that sent ripples through the financial world. President Donald Trump, speaking on Fox News’ Sunday Morning Futures, was asked the question that had been lurking in the minds of many: Was a recession coming? His answer, though careful, did little to calm nerves.
“I hate to predict things like that,” he admitted. “There is a period of transition because what we’re doing is very big.”
It was enough to make traders uneasy. The S&P 500 followed suit, sliding 1.4%, while the tech-heavy Nasdaq took the hardest hit, dropping 1.95%. It was yet another blow in what had already been a brutal month for stocks, with investors struggling to navigate the uncertainty of the administration’s ever-shifting tariff policies.
Only days earlier, the S&P 500 had wrapped up its worst week since September, down 3.1%—a sign that the market was already on edge. And now, with the President refusing to rule out a recession, Wall Street was left wondering: Was this just turbulence, or the beginning of something much bigger?
As the day unfolded, traders watched the markets, their fingers hovering over buy and sell buttons, waiting to see if this was just another dip—or the start of a deeper slide.