BREAKING: Over $1.75 trillion was wiped out from the US stock market today

The U.S. stock market experienced a dramatic decline on March 10, 2025, with over $1.75 trillion in value wiped out. This sell-off was largely triggered by President Donald Trump’s comments regarding the possibility of a recession, which unsettled investors already concerned about his inconsistent tariff policies towards major trading partners like Canada and Mexico.

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• The S&P 500 fell by 2.7%, nearing a 9% drop from its record high set just weeks earlier.
• The Nasdaq 100, heavily influenced by technology stocks, plunged by 3.81%, marking its largest single-day loss since September 2022.
• Notable individual stock losses included Tesla, which dropped by 15.43%, significantly impacting its market valuation.
• The market turmoil has led to increased fears of an economic slowdown, prompting analysts to raise recession forecasts for the coming months.

This situation reflects a broader sentiment of uncertainty in the markets, exacerbated by Trump’s recent policy decisions and mixed signals regarding tariffs and trade relations.