Market

Premarket Plunge: Wall Street Braces for Uncertainty Ahead of Trump's Presidency

Market Turbulence Hits Wall Street

As the United States approaches the New Year, major stock exchanges have taken a downturn in the premarket on Tuesday. This shift comes after a period of stability, with investors expressing concerns over the impending presidency of Donald Trump.

Indexes Show Significant Declines

The Dow Jones Industrial Average fell by 0.27%, or 113 points, at 8:08 am ET. Similarly, the Nasdaq 100 and the S&P 500 experienced losses of 0.34% and 0.38%, respectively.

Currency Movements

In the currency markets, the euro was trading 0.10% lower against the dollar at 8:09 am ET, with the exchange rate at 1.03886.