Stocks tumble on recession fears, Trump tariff uncertainty
1. U.S. stocks fell due to fears over Trump's tariffs impacting economic growth. 2. S&P 500 dropped 2.95%, marking its worst day since December. 3. Trump suggests economic transition could indicate uncertainty for recession. 4. Volatility is fueled by trade tensions and slowing economic growth. 5. Analysts express concerns over elevated U.S. equity valuations.