Market Turmoil as Tariff Panic Grips Investors

US stock markets are bracing for a significant downturn as the repercussions of President Donald Trump's aggressive tariff policies continue to unsettle investors. The early hours of trading have already shown alarming signs of a steep selloff.

Pre-Market Figures Paint a Grim Picture

By 10:30 am CET, the Dow Jones futures had plummeted by 1,222 points, marking a 3.19% decrease. The Nasdaq 100 wasn't spared either, sliding down by 3.81%, while the S&P 500 saw a 3.49% fall, signaling widespread market distress.

Currency Markets React

Amid the stock market chaos, the euro experienced a slight uptick against the US dollar, trading at $1.09728, a 0.10% increase, as investors seek safer havens.