The Australian stock market experienced a notable decline on April 7, 2025, with the S&P/ASX 200 index falling by 6.4% to 7,460.6 points in early trade. Initial reports indicated a drop of 2.7% shortly after the market opened, but this figure quickly escalated, leading to a 4.7% decrease reported by various sources. The downward trend continued, culminating in the 6.4% decline, reflecting broader market volatility and investor concerns.