US Stock Markets Face Steep Selloff

Investors are on edge as US stock markets prepare for a significant downturn, triggered by President Donald Trump's aggressive tariff policies. The uncertainty has led to a premarket plunge, with major indices showing substantial losses.

Premarket Figures Show Significant Losses

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, sliding 3.81% and 3.49% respectively.

Currency Markets React

In the midst of the stock market turmoil, the euro saw a slight increase against the US dollar, trading at $1.09728, up by 0.10%.