Market

Dow Plummets Over 1,200 Points in Premarket: Tariff Fears Spark Market Panic

Market Turmoil as Tariff Concerns Deepen

US stock markets are facing a significant downturn this Monday, with investors reacting nervously to the latest developments in President Donald Trump's tariff policies. The premarket figures paint a grim picture of the day ahead.

Sharp Declines Across Major Indices

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

Currency Markets React

Amid the stock market chaos, the euro saw a slight increase of 0.10% against the US dollar, trading at $1.09728, indicating a cautious shift in currency markets.