On April 7, shares fell, carrying a three -day collapse in the world’s capital costs to nearly 9.5 trillion dollars.
The situation in financial markets, which emerged against the background of US president Donald Trump, deteriorated. Bloomberg reported it.
It was noted that the shares of April 7 fell, carrying a three -day collapse in the world capital costs to nearly $ 9.5 trillion.
The European Stoxx 600 fell 5%. Asia has survived the worst days since 2008. Futures for sharing the American S&P 500 showed a loss of 3%.
As you know, the president of the United States is firmly configured in tariffs, despite warnings about retreating from popular economists and criticism from fence funds, such as his supporter Bill Ekman.
“It starts to seem that the market is entering the state” Sell now, put the question later. The market is looking for a point of maximum disease in which the Trump and/or Fed administration will start blinking, “said Stefan Kemper, the chief strategic investment BNP Paribas Wealth Management.
It has been reported that markets around the world have collapsed for sale. Tesla’s sharing dropped 10% after Daniel IWS, an analyst with Wedbush security, reduced his target price. Apple, Amazon and Citigroup fell by about 5%.
The European Stoxx 600 index has fallen to the lowest level from December 2023, and the German Dax Index fell 10%before recovering. Defense companies, one of the most effective actions of this year, ended with people who suffered, as investors increase funds by selling shares.
In Asia, Hang Seng Index fell 13%, and South Korea was also suspended a short order for sale for software trade.
Analysts warn a deeper losses if the backwards touch the market. Traiders have also increased their expectations about reducing the interest rate of this year’s Federal Reserve System.
Remember, on April 2, Trump announced the introduction of major duties to imported goods. He called it America’s “Day of Liberation”.
As reported, companies in the American Stock Market lost about 6.6 trillion dollars on April 3 and 4.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.