The Dow Jones Industrial Average on Monday took about 1,000 point tumble after President Donald Trump on Sunday declined to rule out a possible recession. The Dow Jones closed at down 889 points, or a 2.08% drop.

The Dow's steep loss marked the largest decline since December, before Trump was in office. Monday's number is the latest signal of economic uncertainty from Wall Street, due to concerns about Trump's tariffs. 

The jittery market comes after Trump declined to rule out the possibility of the economy falling into a recession during a Fox News segment over the weekend. When asked if he was expecting a recession, Trump declined to make any predictions.

“I hate to predict things like that," he said. "There is a period of transition because what we’re doing is very big. We're bringing wealth back to America. That's a big thing… it takes a little time, but I think it should be great for us."

Other parts of the U.S. stock market also took a plunge Monday, with the Nasdaq Composite dropping 4.8% for its biggest decline since September 2022, according to CNBC. The S&P 500 is off by 3.4% at the time of publishing. 

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.