April 7, 2025- Turmoil in global markets has become one of the worst routs in recent memory after President Trump said he will stay the course with his tariff plan, according to the Wall Street Journal. Stocks fell early Monday, with contracts tied to the major U.S. indexes falling more than 3%. The pullback tipped the broad S&P 500 index into bear-market territory, following the tech-heavy Nasdaq Composite. That is often defined as following a 20%-plus decline from a recent peak, according to WSJ. Stock markets in Asia and Europe also plunged Monday and futures pointed to another bad day for US stocks, according to CNN.