Market Turmoil Amid Tariff Tensions

US stock markets are bracing for a significant downturn as the ripple effects of President Donald Trump's aggressive tariff policies continue to unsettle investors. Early indicators suggest a steep selloff, with futures pointing to a tumultuous opening bell.

Pre-Market Plunge

At 10:30 am CET, the financial landscape looked grim. Dow Jones futures plummeted by 1,222 points, marking a 3.19% drop, while the Nasdaq 100 and S&P 500 weren't spared, sliding 3.81% and 3.49% respectively.

Currency Markets React

Amid the stock market chaos, the euro found slight strength against the US dollar, edging up by 0.10% to trade at $1.09728, signaling a cautious shift in currency dynamics.