April 7, 2025 - 12:11
Wall Street stock futures opened sharply lower on Sunday, indicating a turbulent start to the trading week. Investor sentiment has turned cautious amid escalating concerns over a potential global trade war, which many fear could lead the U.S. economy into a recession. These worries were exacerbated by the recent announcement from President Trump regarding sweeping tariffs imposed on key U.S. trading partners.
The U.S. S&P 500 E-minis stock futures dropped significantly, falling by 218 points, equivalent to a 4.27% decrease, bringing the index down to 4,892.25. Similarly, Dow E-minis experienced a decline of 1,524 points, marking a 3.96% drop. The Nasdaq 100 E-minis also faced a substantial downturn, decreasing by 804 points, or 4.58%.
As investors brace for the week ahead, market analysts are closely monitoring the developments surrounding trade policies and their potential impact on economic stability. The prevailing uncertainty is likely to influence trading patterns in the days to come.
