Trump’s tariffs brought carnage to U.S. stocks. What it will take to stop it. - MarketWatch
1. DJIA fell 5.50% due to Trump’s tariffs causing market chaos. 2. Investors fear recession as uncertainty looms over tariff impacts. 3. Federal Reserve remains cautious about cutting interest rates. 4. J.P. Morgan raised recession forecast to 60% amid tariff escalations. 5. Major banks may provide limited guidance in earnings amidst uncertainty.