The stock market launched deeper in the middle of the Trump Fallout
The main foreign stock market continues their slides after opening on Friday morning, when a wave of surprise from the “Liberation Day” rate of President Donald Trump continues to echo throughout the world.
The Nikkei Japan index lost 3.5% on Friday, while the Japanese Topix index which was wider fell 4.45%.
In South Korea, the Kospi Index fell 1.7%, with the country wrestling with Trump tariffs and the news that the South Korean Constitutional Court strengthened President Yoon Suk Yeol’s impeachment.
Indian investors joined sales on Friday, with a nifty 50 index and BSE Sensex both fell more than 1%. Indian stock markets previously performed better than others thanks to lower tariffs than competitors such as China, Indonesia and Vietnam.
The screen displays financial news when traders work on the floor at New York Stock Exchange in New York, on April 3, 2025.
Seth Wenig/AP
Australia S.& P/ASX, meanwhile, continuing the slide to Friday with another 2% decrease carrying an index to the lowest 8 months.
In Europe too, the stock market fell at the opening. The British FTSE 100 index fell more than 1%, Dax Germany fell 0.75%, CAC France lost 0.9%and IBEX Spain fell 1.4%.
The announcement of Trump Wednesday tariffs on almost all American trading partners sent us and foreign markets into Tailspin.
The three major American stock markets were closed on Thursday, marking their worst day since June 2020 during Pandemi Covid-19.
Nasdaq dropped 6%, s& P 500 4.8% and Dow Jones Almost 4%
Large companies are among those who are struggling. Nike plummeted 14% while Apple dropped 9%. The Amazon e-commerce giant slid almost 9%.
Stocks fall for each called “Magnificent Seven,” a group of large technology companies that help encourage stock market profits in recent years.
Meta, a Facebook and Instagram parent company, dropped by almost 9%. Nvidia chip maker slides 7%.
Tesla, the maker of an electric car led by Trump-PenDo Advised Elon Musk, decreased by 5%.
A man checked his phone next to an electronic board showing the shares on the Heng Seng index in Hong Kong on April 3, 2025.
Peter Parks/AFP Via Getty Images
US retailers who are very dependent on imported products also fall, with tree dollars down 13% and five below see 27% loss ..
Futures recommended more pain for investors on Friday. Nasdaq, s& P 500 and Dow Jones Futures all glide about 0.3%.
ABC News’ Leah Sarnoff and Max Zahn contributed to this report.
