Market Turmoil as Tariff Concerns Escalate

US stock markets are facing a significant downturn this Monday, with investors reacting nervously to the ongoing implications of President Donald Trump's aggressive tariff policies. The premarket session has seen dramatic drops across major indices, signaling a potentially volatile trading day ahead.

Sharp Declines Across the Board

As of 10:30 am CET, the Dow Jones futures have plummeted by 1,222 points, marking a 3.19% decrease. Similarly, the Nasdaq 100 and the S&P 500 have not been spared, with losses of 3.81% and 3.49% respectively, painting a grim picture for the day's market performance.

Currency Markets React

Amidst the stock market chaos, the euro has seen a slight increase against the US dollar, trading up by 0.10% at $1.09728. This movement in the currency markets adds another layer of complexity to the day's financial narrative.