Market Turmoil as Dow Dives 800 Points

In a dramatic start to the week, the Dow Jones Industrial Average tumbled 800 points, signaling growing investor anxiety over unresolved trade policies. The Nasdaq Composite wasn't spared, closing 2.4% lower, as market participants sought clarity on U.S.-Mexico trade discussions.

Trade Talks Uncertainty Weighs on Markets

Mexican President Claudia Sheinbaum's revelation that no final deal has been reached with the U.S. on tariffs added fuel to the fire. This news came after a phone conversation with U.S. President Donald Trump, leaving investors wary of the potential implications for international trade relations.

S&P 500 and Euro Also Feel the Pressure

The S&P 500 mirrored the downturn, dropping 2.15%, while the euro gained slightly against the dollar, trading 1.10% higher at 1.14965. This market movement underscores the global nature of financial uncertainties and their widespread impact.