The most important global stock markets tumbled at opening on Monday as the world’s reaction to President Donald Trump’s customs campaign continued – and when the US futures signaled more unrest for American markets.
In the United States, Dow Jones Futures were down about 1,200 points or 3.33% Monday morning. S.& P 500 and NASDAQ futures had fallen approx. 3.5%. A drop 7% on s& P 500 before 7 p.m. 15.35 will trigger a market -covering switch that will stop trading for 15 minutes.
A currency trader responds to currency trading in Keb Hana Bank’s headquarters in Seoul, South Korea, April 7, 2025.
Ahn Young-Joon/AP
Hong Kong leads Asian Dias
Tokyo’s Nikkei 225 index lost almost 9% shortly after the market opened on Monday, when the steep decline triggered a switch that temporarily stopped trade. Japan’s wider Topix index sank 8%.
In Taiwan, Taiex lost 9.7%, while Singapore in Singapore fell more than 8%.
South Korea’s Kospi index fell more than 5.5% in Monday trade, with Australia’s s& P/ASX 200 slides more than 6%before you recovered a bit.
Hong Kong’s Hang Bed Index Falled 13.22%-The worst one-day performance since 1997 during the Asian financial crisis-with Chinese tech shares such as Alibaba and Baidu among the big losers.
On the mainland-where there are fewer international investors-declined Shanghai Composite index more than 7%, despite being bent by state-owned investors known as “the national team.”
India’s stock markets also fought. BSE’s Sensex fell 5.19%, while the wider smart tumbled 5%.
Asian markets together published their worst day care session since 2008.
Europe joins the Rout
European indexes followed Monday morning.
The British FTSE 100 index fell 6% at the opening, while the pan-European stoxx 600 index fell more than 6%.
Germany’s DAX index fell 10%, France’s CAC lost 6.6%, and Italy’s FTSE MIB slipped 5.7%.
An electronic board showing the Nikkei 225 index of Tokyo Exchange, is seen in Tokyo, Japan, April 7, 2025.
Kazuhiro nogi/AFP via Getty Images
OS supported for more losses
Investors for continued Market Turo support Monday in response to Trump’s “Liberation Day” Tariffs, which was announced last week.
Trump spoke to journalists at Air Force One on Sunday and approached the recent market turbulence and subsequent fear of an impending recession.
“What will happen to the market? I can’t tell you, but I can tell you our country has gotten much stronger, and in the end it will be a country like no other, it will be the most dominant country financially in the world,” Trump said.
“I don’t want anything to go down, but sometimes you have to take medication to fix something and we have so terrible – we’ve been treated so badly by other countries because we had stupid leadership that made it possible to happen,” the president added.
US markets shut down markedly on Friday. Dow Jones Industrial Average Falled 2,230 Points or 5.5%While S& P 500 fell 6%.
The technical-heavy Nasdaq fell 5.8%. The fall set Nasdaq in the bear market area, which means that the index has fallen more than 20% from its recent peak.
The trade session marked Friday the worst day for US shares since 2020. The second worst day for US shares since 2020 happened Thursday, a day earlier.
ABC News’ Ellie Kaufman, Karson Yiu, Zunaira Zaki, Max Zahn and Hannah Demissie contributed to this report.
