People love to connect the performance of the economy to whomever the President of the United States is -- perhaps even more so with the stock market. With the barrage of investors parking their wealth in index funds and other investments tied to the performance of United States stocks,

Investors lost nearly Rs 10 lakh crore as selling pressure intensified across sectors due to various factors that dampened investor sentiment.

The Indian stock market crashed on Tuesday, with the Sensex and Nifty falling over 1.3 per cent in the afternoon trade, as US President Donald Trump formally announced plans to impose 25 per cent tariffs on all steel and aluminium imports.

Is a stock market crash on the horizon? Here's what an analysis by economists at the New York Federal Reserve points

U.S. stocks are slipping Tuesday following President Donald Trump’s latest escalation against the United States’ trading partners with tariffs. The S&P 500 was edging down by 0.2% in the U.S. stock market’s first trading since Trump announced 25% tariffs on all foreign steel and aluminum coming into the country.

Sensex closed at 76,293.60 points, down 1,018.20 points or 1.32 per cent, while Nifty closed at 23,071.80 points, down 309.80 points or 1.32 per cent.