Wall Street's Rollercoaster Ride Continues

After a magnificent rally spurred by President Donald Trump's decision to delay reciprocal tariffs, major stock exchanges on Wall Street faced losses in Thursday's premarket trading. This volatility underscores the ongoing uncertainty in global markets.

Trade War Escalates Between US and China

As Washington and Beijing remain locked in their trade dispute, China has accused the US of using tariffs as a weapon. This tension adds another layer of complexity to the already fragile market sentiment.

Market Figures at a Glance

By 4:04 am ET, the Dow Jones had shed 1.27% or 520 points, with the Nasdaq 100 and S&P 500 not far behind, dropping 2% and 1.63% respectively. Meanwhile, the euro traded 0.68% above the dollar, selling at 1.10224.