US stock market plunges as Trump’s tariff threats shake global markets – Dow Jones drops 500 points, S&P 500 falls 1%, Nasdaq sinks 2%, tech stocks Slide, gold surges 20% amid recession fears
- Posted on March 31, 2025
- By Business News Today
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US stock market plunges as Trump’s tariff threats shake global markets – Dow Jones drops 500 points, S&P 500 falls 1%, Nasdaq sinks 2%, tech stocks Slide, gold surges 20% amid recession fears

US stock market plunges After Trumps Tariff Threats – U.S. stock markets tumbled as President Trump threatened tariffs on all trade partners. The S&P 500 fell 1% and the Nasdaq dropped 2%, dragging tech giants like Nvidia and Tesla down. Global markets also declined, while gold surged 20% amid economic fears. Analysts, including Goldman Sachs, warned of a 35% chance of a U.S. recession. As investors seek safe havens, bond yields fell, and oil prices rose despite global uncertainty. Trump is expected to announce the tariffs by Wednesday, causing widespread market anxiety.