Regardless of your opinion on President Trump's steep tariffs, one thing is indisputable: They've rattled the stock market. The Nasdaq Composite (NASDAQINDEX: ^IXIC) is now in a bear market. The S&P 500 (SNPINDEX: ^GSPC) is in correction.

Trump's tariff plans are sending stocks tumbling and sparking fears of a global economic downturn. Follow along for live updates on the Dow Jones Industrial Average, Nasdaq and S&P 500.

U.S. stocks tumble again. Dow drops 1,200 pts and S&P 500 joins the Nasdaq in a bear market as Trump doubles down on tariff plan.

Polymarket, an offshore betting platform, shows a 62% chance of a recession occurring in the U.S. this year, cooling down Monday afternoon after peaking at 66% on Sunday, when Goldman Sachs economists said they expect a recession to occur if the Trump administration goes through with its tariff rates.

Follow here for live updates and news on fallout in the financial markets from President Donald Trump's announcement last week on tariffs for all countries.

After announcing sweeping tariffs and triggering worldwide economic jitters, the president left Washington for a long weekend at his Florida clubs.

The S&P 500 is down more than 13% since Trump won the election in November, with most losses concentrated since he announced his hawkish tariffs Wednesday.

President Donald Trump's "Liberation Day" tariffs, announced April 2, sent markets plunging Thursday. The Dow Jones Industrial Average dropped by 1600 points, the largest one-day decline since March 2020.