
Market Turmoil as Tariff Fears Escalate
US stock markets are gearing up for a significant downturn this Monday, as the financial world reacts nervously to President Donald Trump's latest tariff policies. The anticipation of these measures has sent shockwaves through the markets, signaling a potentially rough day for investors.
Pre-Market Numbers Tell a Stark Story
By 10:30 am CET, the Dow Jones futures had plummeted by a staggering 1,222 points, marking a 3.19% drop. Similarly, the Nasdaq 100 and the S&P 500 weren't spared, with losses of 3.81% and 3.49% respectively, painting a grim picture for the day ahead.
Currency Markets React
Amid the stock market chaos, the euro saw a modest increase of 0.10% against the US dollar, trading at $1.09728. This slight uptick in the euro's value offers a small silver lining in an otherwise turbulent financial landscape.
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