Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession.

The U.S. stiock market has dropped considerably over the last week amid concerns over the impacts of President Donald Trump's proposed tariffs.

U.S. stocks teetered in early trading on Wednesday, posting shaky performance amid an escalating global trade war and concerns about a possible recession. After some initial modest gains, the Dow Jones Industrial Average fell 330 points,

US stocks open mostly down as worries over the tariffs and the economy linger. Companies say consumer demand's slowing and Trump ups Canadian tariffs.