Major U.S. stock indexes sank on Monday after U.S. President Donald Trump declined to predict whether his tariff policies could lead to a recession, roiling investor sentiment. The Nasdaq Composite sank more than 4% after confirming last week that its retreat from December's record high was a correction.

Wall Street’s sell-off is worsening. The S&P 500 fell 2.8% Monday as worries build about how much pain President Donald Trump is willing to endure on the economy in order to get what he wants.

ET the Dow Jones Industrial Average fell 307.75 points, or 0.72%, to 42,492.47, the S&P 500 lost 74.89 points, or 1.30%, to 5,695.31, and the Nasdaq Composite lost 3