Market Downturn Continues

Following the release of the latest trade balance and jobless claims data, major US stock indices have extended their declines. This downturn is further exacerbated by President Donald Trump's recent imposition of sweeping tariffs on imported goods, sending shockwaves through the markets.

Index Performances

By 8:41 am ET, the Dow Jones Industrial Average had plummeted by 2.88%, losing 1217 points. Similarly, the Nasdaq 100 saw a significant drop of 4.17%, while the S&P 500 decreased by 3.60 points. Amidst this market turmoil, the euro gained strength against the US dollar, trading 2.14% higher at 1.10850.