Wall Street was recorded at the first meeting of the week, continuing in the heavy downward trajectory of the previous five -day, amid growing concerns that the tariff policy threatens to lead the US economy to a recession, something President Donald Trump.

In particular, the industrial index Dow Jones noted ‘Dive’ nearly 900 points or 2.08% and closed at 41.911.71 units, the S&P 500 lost 2.7% and slipped to 5,614.56 units, which is its lowest level since September, while the techno -bourgeois Nasdaq had its worst day since September 2022 as ‘Sank’ by 4% and closed at 17,468.32 points.

After today’s fall, Nasdaq has slid almost 14% of his recent high, which marks the entry of the techno -barbaric index In a correction area,

The reason for today’s sell-off, which expanded the strong losses recorded by the US indicators last week, was Donald Trump’s statement that the US economy is in a “transitional period” and, in particular, his refusal to answer if the economy will be waiting.

“I hate to make predictions about such things. We are in a transitional period, because what we are doing is too big, “the US president said to answer a question by Fox News.

Trump’s attitude frightened investors because, as analysts explain, “the Trump government seems to accept the idea that it is not a problem for the market to fall and that is OK even with a possible recession in order to achieve its broader goals. ”

“I think this is a powerful awakening bell for Wall Street. There was a sense that President Trump somehow put the performance of the stock market as an indicator of his success, and I think we now see that this is not the case, so the market is starting to reflect this reality, “says Ross Mifield, a strategic investment in Baird.

In today’s sell-off the shares of the so-called Magnificent Sevennamely the technological giants that led to the recent Wall Street rally, as investors in the midst of uncertainty turned to titles with more defensive features.

In particular, the title of Tesla noted “dip” 15% by marking its worst day by 2020, the semiconductor colossus Nvidia recorded a 5%drop in, and followed Alphabet and Meta with losses of over 4%.