Market

Dow Plummets Over 1,200 Points in Premarket as Tariff Fears Grip Investors

Market Turmoil as Tariff Panic Spreads

US stock markets are facing a significant downturn this Monday, with investors reacting nervously to President Donald Trump's aggressive tariff policies. The anxiety is palpable as the markets prepare for what could be a tumultuous trading day.

At 10:30 am CET, the Dow Jones futures were down by a staggering 1,222 points, marking a 3.19% drop. Similarly, the Nasdaq 100 and the S&P 500 weren't spared, with declines of 3.81% and 3.49% respectively.

Currency Markets React

In the midst of the stock market chaos, the euro saw a slight increase of 0.10% against the US dollar, trading at $1.09728. This movement highlights the global ripple effects of the current market instability.