Market Turmoil as Trade Fears Intensify

On Easter Monday, the U.S. stock market witnessed a significant downturn, with major indexes plunging as investors reacted nervously to President Donald Trump's latest trade policies. The absence of a final agreement between the U.S. and Mexico, as confirmed by Mexican President Claudia Sheinbaum, further fueled market anxieties.

Indexes Suffer Heavy Losses

By 11:49 am ET, the Dow Jones Industrial Average had dropped by 2.81%, losing a staggering 1,100 points. The Nasdaq 100 wasn't spared, falling by 3.14% or 572 points, while the S&P 500 decreased by 2.95%, shedding 155 points.

Euro Gains Against the Dollar

In currency markets, the euro saw a notable increase against the dollar, rising by 1.15% to $1.15036 by 11:50 am ET.