Market Turmoil: Dow Jones Faces Significant Decline Amid Economic Concerns

COINOTAG News, April 11th. In a notable shift within the financial landscape, the **Dow Jones Industrial Average** (DJIA) experienced a sharp decline of **2.5%** on Thursday, following a concerning trend in the April market. Similarly, the **S&P 500 Index** (SPX) fell by **3.5%**, while the tech-oriented **Nasdaq Composite Index** (COMP) dropped a staggering **4.3%**, indicating a significant downturn in market sentiment. In light of these changes, **David Kelly**, Chief Global Strategist at **J.P. Morgan Asset Management**, remarked that the “tariff shadow” continues to loom large over the economy. He highlighted that ongoing government spending cuts and a restrictive immigration policy could exacerbate labor shortages, further straining economic conditions. Kelly cautioned that should current policies remain unchanged, the U.S. economy might confront a potential recession later this year. To achieve market stabilization, he stressed that “tariff policy stability” and improvements in **international trade relations** will be essential.