US stocks experienced declines on Monday as market volatility increased due to uncertainty surrounding tariffs President Trump plans to implement on April 2. The lack of clarity from Trump’s administration has led to nervousness among investors, impacting major indexes like the Dow Jones, S&P 500, and Nasdaq.
US economy set to slow, but recession unlikely: Richard Yetsenga
ANZ Group’s Richard Yetsenga anticipates a US economic slowdown in the latter half of the year, stopping short of a recession. Despite economists’ bearish outlook,