Wall Street's Steep Decline

In a dramatic turn of events, Wall Street experienced a significant downturn on Monday, with the Dow Jones Industrial Average plummeting over 1,000 points. This sharp decline was largely attributed to growing fears of a potential recession, exacerbated by President Donald Trump's trade policies.

Market Reactions

By 3:02 pm ET, the Dow Jones had fallen by 2.48%, losing 1,062 points. The Nasdaq 100 and S&P 500 were not spared, with the former dropping 4.40% or 888 points and the latter decreasing by 3.27%.

Currency Fluctuations

Amid the market turmoil, the euro also felt the impact, trading 0.23% lower against the dollar at 1.08227 by 3:03 pm ET.

As the markets continue to react to these developments, further updates are anticipated.