Market

Stock Markets Plunge: Dow Dives Over 1,200 Points Amid Tariff Turmoil Fears

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.