US stocks nosedive, with S&P 500 entering bear territory as global tariff rout worsens
1. US stocks dropped sharply amid ongoing trade tariff tensions. 2. S&P 500 fell 3.5%, triggering a bear market. 3. Investors fear retaliation from foreign nations affecting US markets. 4. Analysts predict rising recession odds due to new tariffs. 5. Trade disputes could continue to worsen economic fundamentals.