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Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 5.4% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. On Sunday, March 9, 2025, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasd

"It's become clear he's now spending more time on DOGE than anything else," said one analyst of Elon Musk.

NEW YORK (Reuters) -President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out $4 trillion from the S&P 500’s peak last month, when Wall Street was cheering much of Trump's agenda. A barrage of new Trump policies has increased uncertainty for businesses, consumers and investors, notably back-and-forth tariff moves against major trading partners like Canada, Mexico and China. "We've seen clearly a big sentiment shift," said Ayako Yoshioka, senior investment strategist at Wealth Enhancement.

The Magnificent Seven stocks on Monday had their worst session of the year as equities sold off amid rising recession risks.

Shares of mobile app advertising platform AppLovin (NASDAQ: APP) fell 11% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. Over the weekend, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq falling

Shares of roofing materials distributor Beacon Roofing Supply (NASDAQ:BECN) jumped 8.7% in the pre-market session after the company announced talks with QXO regarding a potential acquisition. According to the press release, QXO's offer would value BECN at $124.35 per share in cash, or approximately $11 billion.

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 10.4% in the afternoon session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. Over the weekend, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq falling 3% in

Adobe is expected to report fiscal 2025 first-quarter results after the closing bell Wednesday, with analysts mostly bullish leading into the report and next week's Adobe Summit.

Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent inflation and a wobbling job market.

Stock in companies that make or sell food, beverages and other household supplies are outperforming the broader market amid volatility, the analysts said.