S&P, Nasdaq post big quarterly percentage drops on Trump tariff turmoil

S&P 500 and Nasdaq had their worst quarters since 2022 due to concerns over Trump's economic policy and new tariffs. The S&P 500 dropped 4.6% and Nasdaq fell 10.5%. Tech stocks like Tesla and Nvidia saw major declines. Energy sector gained 9.3%. Goldman Sachs raised the recession probability to 35% amid ongoing uncertainty.