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Dow falls by almost 900 points in market rout after Trump says he won't rule out a recession

The article from MSN Money discusses a significant drop in the Dow Jones Industrial Average, which fell by nearly 900 points, marking one of the worst days for the market in recent times. This decline was triggered by President Trump's comments where he did not rule out the possibility of an economic recession. The market's reaction was exacerbated by ongoing trade tensions with China, disappointing economic data, and concerns over global economic growth. Investors were already on edge due to the inverted yield curve, a traditional indicator of an impending recession, and Trump's remarks added to the uncertainty, leading to a broad sell-off in stocks. The article also mentions that despite the market turmoil, Trump expressed confidence in the economy's underlying strength, although he acknowledged the potential for short-term volatility.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/money/markets/dow-falls-by-almost-900-points-in-market-rout-after-trump-says-he-won-t-rule-out-a-recession/ar-AA1AC1c1 ]