Wall Street Sees Red in Premarket Trading

After a significant rally spurred by President Donald Trump's decision to delay reciprocal tariffs, major US stock indices are facing losses in premarket trading. The Dow Jones Industrial Average, Nasdaq 100, and S&P 500 all reported declines early Thursday.

Trade War Tensions Continue

Amid ongoing trade disputes, China has criticized the US for utilizing tariffs as a strategic weapon, highlighting the fragile state of international trade relations.

Market Movements at a Glance

By 4:04 am ET, the Dow Jones had dropped 1.27%, losing 520 points. Shortly after, the Nasdaq 100 and S&P 500 saw decreases of 2% and 1.63%, respectively. Meanwhile, the euro strengthened against the dollar, trading 0.68% higher.