US stocks fell solidly Monday as investors processed growing concerns about the health of the US economy and readied for a busy week of economic data, headlined by a report on inflation amid concerns over its resurgence under President Trump's unpredictable trade policy.
The Dow Jones Industrial Average (^DJI) fell 0.8%, while the benchmark S&P 500 (^GSPC) dropped 1.3% after the index posted its worst week since September. The Nasdaq (^IXIC) also plummeted more than 2%, with "Magnificent Seven" stocks leading the sell-off.
All three major indexes looked set to build on losses of more than 2% last week.
March's market struggles continue to be fueled by worries over the health of the US economy. Those concerns have become wrapped up in Trump's ongoing trade salvo, as tariff negotiations between the US, Mexico, and Canada dominate the headlines. In a Sunday interview on Fox News, Trump addressed concerns about a potential recession, describing the economy as undergoing “a period of transition.”
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