U.S. stock markets experienced a significant sell-off, with the Dow Jones Industrial Average closing over 700 points lower, marking one of its worst days in recent weeks. This downturn was fueled by fresh inflation data and ongoing fears surrounding trade tariffs, leading to heightened concerns of stagflation. The S&P 500 fell 2%, mirroring sentiment across major indices as investors reacted to consumer gloom and uncertainties regarding economic policies. Companies such as Tesla and Nvidia also suffered sharp declines as market volatility intensified. Analysts warn that prolonged uncertainty could negatively impact both U.S. and global risk assets.