Plunge Market Closes

Stocks plunge, market closes down on recession fears amid escalating tariffs

The major stock indexes plunged on Monday amid fears of a possible recession.

ABC News - 21h

Dow plunges 890 points after Trump declines to rule out recession

The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession. The Dow Jones Industrial Average closed with ...

The Hill - 21h

Dow plunges nearly 900 points amid recession fears

Fueled by a trade war and recession fears, the stock market suffered its worst day of 2025 on Monday after a massive sell-off with the Dow closing nearly 900 points down. Now, investors are bracing ...

NBC News - 6h

Tesla shares plunge 15%, steepest drop in five years

Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.

NBC News - 22h

Dow futures inch higher after recession fears fuel plunge

Dow futures make tepid advance in the wake of a broad market plunge that had the blue-chip index shedding nearly 900 points.

CBS News - 4h

White House: Stock market plunge is not as 'meaningful' as business activity

The Trump administration contends that investments and growth from top businesses means more for the economy than the recent stock market rout.

CNBC - 5h

European stocks steady after US markets plunge

The global sell-off eases in Europe after US shares are hit by President Trump saying the economy is in "transition".

BBC News - 7h

White House defends Trump's tariffs amid plunging stock markets

The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...

NBC News - 6h

Latest news on stock markets plunging amid fears of a recession

U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...

CBS News - 21h

Stock losses gain momentum as 2025 sell-off rolls on

Markets plunged deeper into the red Tuesday as a major sell-off prompted by fears of a slowing economy rolled on.

NBC News - 4h

What to do while waiting for stock market-minded Trump to say enough is enough

Don't close your eyes. Just keep looking. Maybe the cavalry is on the horizon, it's just the rhetorical smoke that's blocking it.

CNBC - 1d

Recession fears escalate across U.S.

U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...

CBS News - 18h

Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown

Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...

CBS News - 5h

Gaza ceasefire close to collapse as aid stops

The ceasefire in Gaza is perilously close to collapsing. Food shortages have become acute, and Palestinians living in the territory are struggling to feed their families. All aid into the territory ...

CBS News - 3d

Jim Harrick recalls the days of glory at soon-to-close Morningside High

The Inglewood school had a rich tradition of producing top teams and athletes but will be closing its doors on June 30.

Yahoo Sports - 2d

Larry Summers: Odds of a recession 'close to 50/50'

Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers ...

The Hill - 14h

Trump Organization Sues Capital One for Closing Its Accounts

President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.

The New York Times - 3d

Worst day of the year for markets

Markets suffered a steep sell off today following President Trump not denying that a recession could be a result of his trade policies. All three major indexes have seen a notable decline since the ...

NBC News - 18h

Area around Big Ben closed as man with Palestinian flag climbs Elizabeth Tower

Pro-Palestine protesters also spray-painted clubhouse at Trump Turnberry golf course in Scotland overnight. Westminster Bridge remains closed to traffic after a six-hour standoff between emergency ...

The Guardian - 3d

Kim Kardashian’s Skims Balloon in Times Square Is a Marketing Moment

The seamless, poreless, sanitized effigy of a capitalist titan was a startling piece of marketing for Skims.

The New York Times - 3d

Stock market’s worst day of 2025 is stoking Nasdaq bear-market fears. Here’s why.

Nasdaq Composite falls deeper into correction territory, raising concerns about it sinking into a bear market.

MarketWatch - 20h

Vance gives House GOP closing pitch on Trump-backed funding bill ahead of vote

Vice President Vance delivered a closing pitch in favor of Speaker Mike Johnson’s (R-La.) government funding bill during the House GOP’s private conference meeting Tuesday, hours before the lower ...

The Hill - 2h

Live updates: Vance makes closing pitch on GOP spending bill; Trump ups tariffs on Canada

Republicans in Congress are racing to pass a GOP stopgap funding bill by 11:59 p.m. Friday to avert a government shutdown. Vice President Vance on Tuesday made his closing pitch for the ...

The Hill - 1h

Trump made the stock market a marker of success. Now he's hedging as markets dip.

When President Donald Trump wanted to make the case for his first term’s success in an interview last month, he turned to the stock market.

NBC News - 17h

Eye Opener: Markets plummet over recession fears

Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...

CBS News - 4h

CD account or money market account: Which is better now?

Both CDs and money market accounts have attractive features for savers right now. Here's what to consider.

CBS News - 20h

U.S. stocks plunge as Americans worry about a recession | Special Report

Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...

CBS News - 21h

Tesla shares plunge 15%, suffering steepest drop in five years

Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.

CNBC - 18h

Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead

Kohl's posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.

CNBC - 3h

2025 NFL free agent cornerback rankings: Best fits for D.J. Reed, Darius Slay, other veterans on open market

Here's how the cornerback market stacks up in free agency

CBS Sports - 2d

3 Ways AI Can Create More Tailored Marketing Strategies for Retail Brands

Personalized marketing at scale used to be impossible. With AI, it’s become a reality.

Inc. - 8h

Trump responds to market meltdown

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story White House touts record after Trump demurs on recession The Trump administration ...

The Hill - 18h

Rand Paul: ‘When the markets tumble like this in response to tariffs, it pays to listen’

Sen. Rand Paul (R-Ky.), who has long been considered one of the Senate’s budget hawks, recently gave advice that when the stock market tumbles, “it pays to listen.” “The stock market is comprised ...

The Hill - 4h

Markets plummet after Trump doesn't rule out recession

Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and ...

CBS News - 18h

Stock market opens low following Wall Street's worst day in years

The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...

NBC News - 4h