US Stock Markets Brace for Significant Downturn

Investors are facing a tumultuous start to the week as the Dow Jones Industrial Average futures plummeted by 1,222 points, or 3.19%, in premarket trading. This sharp decline comes amid growing concerns over President Donald Trump's aggressive tariff policies and their potential impact on the global economy.

Nasdaq and S&P 500 Also Hit Hard

The Nasdaq 100 and S&P 500 were not spared, with losses of 3.81% and 3.49%, respectively. The market's reaction underscores the anxiety among investors regarding the long-term effects of the current trade policies.

Currency Markets React to Trade Tensions

In the currency markets, the euro saw a slight increase of 0.10% against the US dollar, trading at $1.09728. This movement reflects the broader uncertainty and shifting dynamics in global finance as trade tensions escalate.