nvestors expressed concern about the negative economic impact of President Donald Trump’s tariff, leading to a sharp decline in the US stock markets on Monday. This came when the President was asked about rumors of recession, and an interview on television stated that the world’s largest economy was in the “period of transition.”. Top officials and advisors of Trump have attempted to address investors’ concerns since broadcasting those comments on Sunday. Charu Chanana told the Experssepaper, “According to Saxo’s investment strategist, Charu Chanana,
” Trump’s previous perception is being re-evaluated to be the President. ” Trump appeared accepting economic concerns in a Fox News interview on Thursday, which was broadcast in the weekend. He said, “I hate predicting such things. ” ” Due to the vastness of what we are doing and the infection, America is getting money from us again. It is important to the largest American luxiliary companies. Reduced 2.7% in New York, while Dow Jones Industrial Average lost 2%. On Tuesday, Asian shares first fell rapidly before recovering. Japan’s Nikkei 225 was reduced by 0.6% and South Korea’s Kospi reduced by 1.3%.
After a sharp decline since the beginning of the month, the dollar fell ahead against the pound and euro on Tuesday. NASDAQ, which is dominated by technology, lost the most, losing 4%. While the AI chip veteran Nvidia was below 5%, Tesla shares were 15.4% below. Other major technical stocks including Meta, Amazon, and Alphabet also fell rapidly.
However, there was little sign of the spread of turbulence in Europe as the FTSE 100 index, which tracks the largest companies listed in the UK, and German Dax both opened the flat on Tuesday.
- Stock markets
- United States