The US stock market experienced a significant downturn, with the S&P 500 reaching a 14-month low and entering a bear market. Despite speculation of potential trade agreements and a less confrontational tone from Europe, buyers remained hesitant. President Trump defended new tariffs, claiming they would generate significant revenue for the US, while major banks raised recession probabilities. European officials expressed readiness to negotiate lower tariffs but criticized the lack of engagement from the US. Teljes cikk (Euronews.com)