Slide Futures of US Stocks in the midst of a historic defeat in the foreign market
The main global stock market fell when it was opened on Monday because of the world reaction to President Donald Trump’s tariff campaign continued – and when the US was a futures, it indicated that there was more turmoil for the American market.
In the US, Dow Jones Futures fell by around 1,200 points or 3.33% on Monday morning. S& P 500 and Nasdaq Futures dropped by around 3.5%. A drop of 7% on s& P 500 before 15:35 ET will trigger circuit breakers throughout the market that will stop trading for 15 minutes.
A currency trader reacts in a room to deal with foreign exchange at the headquarters of Bank Keb Hana in Seoul, South Korea, on April 7, 2025.
Ahn Young-Joon/AP
Hong Kong Leads Slide Asia
The Nikkei 225 Tokyo index lost almost 9% shortly after the market opened on Monday, a sharp decline that triggered a circuit breaker which temporarily stopped trade. The broader Japanese Topix index sinks 8%.
In Taiwan, Taix lost 9.7%, while in Singapore IMS fell more than 8%.
The South Korean Kospi Index fell more than 5.5% in Monday trading, with Australia& P/ASX 200 launched more than 6% before a little recovered.
The Hang Hong Kong Hang Index fell 13.22%-the worst one day’s work since 1997 during the Asian financial crisis-with Chinese technology shares such as Alibaba and Baidu among the big losers.
On the mainland where there are fewer International Investors-Index Shanghai composite drops more than 7%, although supported by state-owned investors known as the “national team.”
The Indian stock market is also struggling. Sensex BSE fell 5.19% while the wider nifty falls 5%.
The Asian market collectively posted their worst day’s trading session since 2008.
Europe Join Rout
The European index followed him on Monday morning.
The British FTSE 100 index fell 6% after opening, while the Pan-European Stoxx 600 index fell more than 6%.
The German DAX index fell 10%, Cac France lost 6.6%and MIB FTSE Italy slid 5.7%.
The electronic board showing the Nikkei 225 index at the Tokyo Stock Exchange was seen in Tokyo, Japan, on April 7, 2025.
Kazuhiro Nogi/AFP via Getty Images
We get ready for more losses
Investors strengthen the sustainable market turmoil on Monday in response to Trump’s “Liberation Day” rates announced last week.
Speaking with reporters at the Air Force One on Sunday, Trump discussed the turbulence of the new -new market and the next fear of the recession that will soon occur.
“Now what will happen to the market? I can’t tell you, but I can tell you, our country becomes much stronger, and eventually it will become an unlike others, it will be the most economically dominant country in the world,” Trump said.
“I don’t want anything to go down, but sometimes you have to take medicine to improve something and we have very terrible – we have been treated so badly by other countries because we have a stupid leadership that allows this to happen,” added the President.
The US market is closed significantly on Friday. The average Dow Jones industry plummeted 2,230 points, or 5.5%, while S& P 500 falls 6%.
Nasdaq heavy technology dropped 5.8%. This decline places Nasdaq to the bear market area, which means the index has dropped more than 20% of its new peak.
The trading session on Friday marked the worst day for US shares since 2020. The second worst day for US shares since 2020 occurred on Thursday, the day before.
ABC News’ Ellie Kaufman, Karson Yiu, Zunaira Zaki, Max Zahn and Hannah Demissie contributed to this report.
