With Tesla's stock price plunging, the president made a bombastic announcement in support of "truly great American" Musk. Donald Trump suggested the U.S. had taken too shortsighted an approach to financial stability.

The tech-heavy Nasdaq has fallen over 760 points since close on Friday, March 7, while S&P 500 has dipped over 198 points.

U.S. stocks finished in the red again Tuesday after President Donald Trump moved to double tariffs against Canada. The Dow Jones Industrial Average fell 478.23 points, or 1.14%, to 41,433.48, while the Nasdaq Composite and S&P 500 fell 0.

US stock market is on the declining path as Dow Jones plunged 427 points, reacting to Trump’s tariffs on Canadian steel and aluminum. The S&P 500 dropped 0.6%, while the Nasdaq Composite fell 0.1%. Market fears as the White House imposed higher duties on imports,

Doe Jones on Monday crashed 890.01 points or 2.08 per cent to close at 41,911.71. Nasdaq index lost 727.90 points or 4 per cent to close at 17,468.32 while S&P 500 index fell 155.64 points or 2.70 per cent to end at 5,