US markets today: Wall Street stumbles as weak GDP reignites recession fears amid Trump’s tariff uncertainty

Wall Street closed lower on Wednesday as recession worries resurfaced following a surprise contraction in US GDP for the first quarter. President Donald Trump’s renewed tariff threats and trade policy uncertainty further clouded the economic outlook, spoiling the equity market’s impressive April rebound. The S&P 500 fell 0.7%, the Nasdaq Composite dropped 1%, and the […]