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US markets end sharply lower amid tariff uncertainty, recession fears

11 Mar 2025 Evaluate

The US markets ended deep in red on Monday, as uncertainty about President Donald Trump's tariff moves, fears of a recession in the world's largest economy, and weak global growth outlook weighed on investor sentiments. Traders remained concerned as the U.S. President Donald Trump declined to rule out the possibility of a recession following his tariff actions on Mexico, Canada and China. There is a period of transition, because what we're doing is very big. We're bringing wealth back to America, Trump told the Sunday Morning Futures program. With a slew of crucial economic data due later in the week, the mood in the market is extremely cautious. Meanwhile, reports on consumer and producer price inflation, as well as readings on consumer sentiment and inflation expectations, are due this week.

In stock specific developments, Tesla tanked more than 14 percent. Carnival down 8 percent, Morgan Stanley declined 7.6 percent, Wells Fargo down 7.2 percent, and Goldman Sachs down 5.7 percent. American Airlines, Delta Airlines, Citigroup, Meta Platforms, Apple Inc., US Bancorp, Alphabet, Starbucks, Nvidia, JP Morgan, Bank of America, Boeing and American Express are down 4 to 6 percent.

Dow Jones Industrial Average slipped 890.01 points or 2.08 percent to 41,911.71, Nasdaq decreased 727.9 points or 4 percent to 17,468.32 and S&P 500 was down by 155.63 points or 2.69 percent to 5,614.56.


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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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