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US stock futures drop after Trump says he won’t rule out a recession

  • Wall Street fell nearly 10% below its record high, indicating a market correction following President Donald Trump's tariff threats against Canada.
  • The S&P 500 index declined nearly 1% on Tuesday, marking a significant drop after Monday's worst trading day of the year.
  • Trump announced plans to raise tariffs on steel and aluminum imports from Canada to 50%, which will take effect Wednesday, creating further investor uncertainty.
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Stock market: Wall Street's sell-off worsens amid Trump’s trade war

Wall Street tumbles as Trump escalates tariffs, pulling the S&P 500 near correction territory

·Louisville, United States
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NBC Dallas-Fort Worth broke the news in Fort Worth, United States on Sunday, March 9, 2025.
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