Stock Market
America Trade War Stock Market: The US stock market is going through a severe recession. The trade wars waged by the Trump administration have led to a massive drop in the stock market. Investors have suffered huge losses due to this decline. These trade tensions have not only increased economic uncertainties but have also given rise to the fear of a global economic recession. The US market has suffered a loss of Rs 34,93,69,40,00,00,000 due to Trump's trade war. This decline in the US stock market has been continuing for the past few weeks and it increased further on Monday.
This decline in the market was caused by uncertainty about trade policies, a possible recession and increased concern about the policy actions to be taken by the government in the near future. This decline has affected the major indices of the US stock market, including major indices like S&P 500 and Nasdaq Composite.
The S&P 500 is now down more than 8% from its February 19 peak, while the Nasdaq Composite has fallen more than 10%. This decline has led to a total loss of $4 trillion in the US stock market. This makes it clear that the trade war and growing economic uncertainties have become a major crisis for the market.
Trade wars have not only reduced the profits of American companies, but have also caused panic among investors. Shares of technology companies such as Tesla, Apple, and Nvidia have fallen sharply. Tesla suffered a loss of $125 billion in a single day. Apart from this, companies like Delta Airlines have also reduced their profit estimates, which has further increased the concern of investors. The Trump administration has emphasized the strength of the US economy despite this crisis. White House officials have claimed that the US economy is strong and trade tensions will be resolved soon. However, confusion and uncertainty persist in the market.
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