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Erin Burnett OutFront

Dow Plunges Nearly 900 Points Amid Recession Fears

Erin Burnett OutFront

CNN

News

4.4706 Ratings

🗓️ 11 March 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

The Dow sinks nearly 900 points as Trump refuses to rule out a recession. A longtime trader at the New York Stock Exchange joins to discuss. Plus, CNN’s KFile team reveals disturbing tweets from one of Rubio’s deputies at the State Department.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:32.3

Out front next, the breaking news nose dive. The Dow is sinking nearly 900 points as Trump refuses to rule out a

0:38.6

recession. A longtime trader at the New York Stock Exchange is my guest next. Plus, J.D. Vance's cousin is our

0:44.6

guest tonight in his first television interview. Nate Vance just returned from fighting in Ukraine.

0:50.4

He calls his own cousin, the vice president, one of Putin's quote useful idiots, and

0:54.9

K-file revealing disturbing tweets from one of Rubio's deputies at the State Department, once

0:59.7

saying Rubio had a low IQ and spreading false rumors about his sexuality. The two men, though,

1:05.0

are still working together tonight. Let's go out front. And good evening, I'm Aaron Burnett. Out front tonight. The breaking news, free fall. The Dow plunging nearly 900 points the NASDAQ with its worst single day of trading since 2022, beginning of the Ukraine war.

1:22.8

Driving the sell-off fears that Trump's economy is barreling towards a recession, in part because of this self-inflicted trade war.

1:29.0

And what's been scaring investors the most is that Trump himself is not ruling a recession out.

1:36.0

Are you expecting a recession this year?

1:40.5

I hate to predict things like that.

1:43.2

There is a period of transition because what we're doing is very big.

1:49.6

Well, a period of transition that might be confused for a recession is certainly not what Trump campaigned on.

1:56.2

You remember, he vowed to rescue the economy on day one.

1:58.8

He was very explicit about that day one.

2:00.6

Since his election, he has been claiming again and again that markets are going up, soaring, in fact,

2:05.1

because he beat Kamala Harris.

...

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