For the day, Nasdaq fell over 700 points or 4% to 17,468.32, while the S&P 500 slipped nearly 2.7% to 5,614.56, and the Dow Jones Industrial Average dropped about 2.1% to 41,911.71 for the day.

Stock fell Monday morning amid growing concerns about U.S. economic growth. President Donald Trump declined to rule out a recession this year in an interview on Fox News, but said he expects a “period” of transition from the policy changes he’s making.

Tesla stock rises after tumbling 15% in Monday’s tech-led selloff, Verizon says it’s experiencing a ‘challenging’ quarter, Delta slashes its first-quarter earnings and revenue estimates, and Nucor rises after President Trump raises tariffs on Canadian steel and aluminum.