New York: Investors panicked after a shocking move by Donald Trump, leading to massive sell-offs in the stock market. On Monday, Wall Street suffered losses of nearly $4 trillion, with experts attributing the turmoil to Trump's economic policies. The US stock market witnessed a significant shake-up, causing major concerns among traders and analysts.
Major Indices Face Heavy Losses
All major Wall Street indices faced turbulence during Monday's trading session. The Dow Jones Industrial Average dropped by nearly 890 points, while the S&P 500 declined by 2.7%. Meanwhile, the tech-heavy Nasdaq experienced a sharp fall of 4%, indicating widespread distress in the market.
Stock Market Decline Since Trump's Election
Since Donald Trump's election in November, US stock markets have been witnessing a continuous downturn. Market analysts believe that ongoing economic uncertainties and policy decisions have contributed to the sustained decline in investor confidence.