Morning Business Report: Stocks tumble as Trump warns of economic ‘detox’
Stocks fell overnight as investors reacted to former President Donald Trump’s weekend remarks about a potential economic slowdown.
(LILAMAX)- Stocks fell overnight as investors reacted to former President Donald Trump’s weekend remarks about a potential economic slowdown. Trump described it as a “detox” period, restructuring the economy to reduce reliance on government spending—acknowledging it could bring short-term pain. The Nasdaq recorded its worst drop since 2022, while the Dow Jones Industrial Average plummeted nearly 900 points by the…