Nasdaq, S&P, Dow Jones down for 2nd straight day: Why are the markets falling?
2 weeks ago

Nasdaq, S&P, Dow Jones down for 2nd straight day: Why are the markets falling?

Hindustan Times  

Stock markets in the US, which usually dictate how global markets perform, have been recording declines continously since Friday, March 7. Donald Trump's tariff policies Global markets are facing rising uncertainties over US President Donald Trump's tariffs policies, which have begun tariff wars with multiple countries. According to a Barrons report, due to the to the impact of tariffs on the economy, Goldman Sachs Chief Economist Jan Hatzius cut his 2025 US GDP growth forecast to 1.7 per cent against a 2.4 per cent growth projection at the start of this year. Potential of higher inflation The tariff policies adopted by the Trump administration may push inflation higher in the country as products entering the country either start getting costlier or stop getting imported altogether. Investors are rushing to buy bonds as the benchmark US 10-year treasury yield has fallen nearly 60 basis points since mid-January amid recession risks.

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