US stocks ended sharply lower on Monday on fears that the US economy could be heading towards recession. This was amid the current uncertainty surrounding the US trade policy. The S&P 500 saw its biggest one-day drop since December 18 and the Nasdaq witnessed its biggest single-day percentage drop since September 2022. The Dow Jones Industrial Average plunged 2.08 percent, the S&P 500 sank 2.7 percent and the Nasdaq plunged nearly 4 percent. Among Nasdaq stocks, Tesla share price tumbled 15 percent, widening its loss this year to 45 percent, while Nvidia stock price fell 5.5 percent and has erased more than one trillion dollars in market value in two months. Apple share price sank 4.85 percent, Microsoft shares fell 3.34 percent, and Amazon stock declined 2.36 percent.