Top forecasters on Wall Street are eying the risk of a recession, a global slowdown, and further stock drops ahead.

Overseas markets also slid Friday. In overnight trading in Asia, Tokyo's Nikkei 225 lost 2.8%, while South Korea's Kospi sank 0.9%. Markets in Shanghai, Taiwan, Hong Kong and Indonesia were closed for holidays, limiting the scope of Friday's sell-offs in Asia.

The stock market ended a turbulent week with huge declines Friday with the Nasdaq Composite entering a bear market amid fallout from President Donald Trump's new tariffs on most nations worldwide.

The market reacted the past two days to Trump's Wednesday announcement that a 10% baseline tariff on imported goods goes into effect Saturday.

Over the course of the last few years, Warren Buffett has slowly amassed the largest reserve of cash and equivalents his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has ever had on its books. While the now-$334 billion he has sitting on the sidelines makes more sense in the face of an uncertain market,

Historically, the S&P 500 has come back from every one of its downturns to eventually make investors whole again.

Wall Street was on edge Wednesday as market participants awaited President Trump’s announcement of reciprocal tariffs after months of speculation.

Then again, with the stock market entering 2025 at its third-priciest valuation in 154 years, and Trump inheriting the priciest market of any president, this double-digit percentage move lower for the S&P 500 and Nasdaq Composite is, perhaps, not all that surprising.

Options data indicates big swings are possible in responses to Trump's tariff announcements on Wednesday. Here's what to know.

Indian equities are bracing for a day of turmoil as woes on Wall Street have extended after a two-day sell-off across Thursday and Friday. With the Dow futures down over 1,600 points on Sunday evening,