Global equity markets experienced notable declines amid concerns over trade tensions following comments on tariffs. European futures dropped with the EuroStoxx 50 futures down 0.9%, DAX futures down 0.8%, and FTSE futures falling 0.7%. The STOXX Europe 600 index extended losses, falling 2% and Euro Stoxx 50 declined more than 3% after remarks about tariffs by former U.S. President Donald Trump. In the U.S., stocks closed sharply lower with the Dow Jones Industrial Average falling 1.9%, the S&P 500 shedding 1.6%, and the Nasdaq Composite losing 1.4%, marking their largest daily percentage losses in a month. The following day, futures indicated continued weakness with S&P 500 futures down 1.6%, Nasdaq 100 futures down 2%, and Dow futures down 1.2%. At the market open, the S&P 500 was down 1.2%, Nasdaq fell 1.6%, and Dow Jones dropped 1.13%. The S&P 500 declined by 69.17 points to 5,772.84, Dow Jones fell 475 points to 41,384.09, and Nasdaq dropped 297.75 points to 18,627.98. By the close, the S&P 500 was down 0.6% at 5,806.77, Nasdaq fell 0.9% to 18,756.46, and Dow Jones decreased 0.51% to 41,646.07. Earlier sessions showed some intraday volatility with minor gains and losses, but the overall trend remained negative amid ongoing tariff concerns.
DOW JONES UNOFFICIALLY CLOSES DOWN 213.02 POINTS, OR 0.51%, AT 41,646.07 NASDAQ UNOFFICIALLY CLOSES DOWN 169.28 POINTS, OR 0.89 PERCENT, AT 18,756.46 S&P 500 UNOFFICIALLY CLOSES DOWN 35.24 POINTS, OR 0.60 PERCENT, AT 5,806.77
*S&P 500 CLOSES 0.6% LOWER, NASDAQ FALLS 0.9%
S&P 500 DOWN 69.17 POINTS, OR 1.18 %, AT 5,772.84 AFTER MARKET OPEN DOW JONES DOWN 475.00 POINTS, OR 1.13 PERCENT, AT 41,384.09 AFTER MARKET OPEN NASDAQ DOWN 297.75 POINTS, OR 1.57 PERCENT, AT 18,627.98 AFTER MARKET OPEN