Tue Mar 11 04:40:00 UTC 2025: ## US Stock Market Plunges Amid Trump Tariff Fears

**New York, March 11** – The US stock market experienced a dramatic selloff on March 10th, with the Nasdaq plummeting 4% and the S&P 500 falling 2.7%. This sharp decline wiped out $4 trillion from the S&P 500’s February peak, marking the largest intraday loss for tech stocks since 2022. The selloff extended beyond equities, impacting corporate bonds, the US dollar, and cryptocurrencies. Rising bond yields reflected investors’ flight to safe havens.

The primary driver behind the market’s plunge is widespread concern over President Trump’s escalating trade war. New tariffs targeting Canada, Mexico, China, and India have injected significant uncertainty into the market, fueling fears of a US economic slowdown or even recession. The mixed signals from recent macroeconomic data, including a weaker-than-expected jobs report, have further dampened investor sentiment. Diminished expectations of Federal Reserve rate cuts also contributed to the downturn.

“President Trump’s flip-flop tariff policy and the high uncertainty that it has triggered has started impacting US stock markets,” commented V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. He noted the market’s response to the tariff threat and the potential for a recession later this year.

The global impact is significant, with analysts predicting a negative start for the Indian stock market on Tuesday. The already strained Indian market, facing capital outflow and economic slowdown concerns, is expected to be further pressured by the uncertainty stemming from Trump’s policies. Experts advise investors to focus on domestic consumption themes, as export-oriented sectors like IT and pharmaceuticals are likely to experience high volatility.

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