Wall Street Braces for Another Black Monday

Concerns over the latest tariffs imposed by United States President Donald Trump are sending shockwaves through global markets, with index futures signaling a steep downturn.

Nasdaq 100 futures took a sharp dive, dropping 4.27% at 1:50 am ET, while Dow Jones futures fell by 2.75%, or 1,000 points. Similarly, S&P 500 futures saw a significant decline of 3.44%.

In currency markets, the euro strengthened against the dollar, gaining 0.50% to trade at 1.10209 by 2:02 am ET.