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- Us markets fell for the second CONSECUVE DUE DUE to tariff Announsment, Dow Jones Fell by 1,200 Points, Boeing Intel Shares Fell by 8%
Washington4 minutes ago
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After the announcement of the US President’s reciprocal tariff, there is a huge decline in the US stock market for the second consecutive day. On April 4, the US stock market index Dow Jones is trading at 39,088 levels of 1,457 points (3.59%). Dow Jones had fallen 3.98% a day earlier. That is, Dow Jones has fallen more than 7% in two days.
At the same time, there is a fall of 218 points (4.06%) in the S&P 500 index. It came to the level of 5,177. The Nasdaq Composite is trading at a level of 739 points (4.47%) to 15,810. Companies like Boeing, Intel, Bank, Goldman Sack and Dow INC are seeing a decline of up to 8%.
Dou Jones Index’s top loser
| share | price | Decline |
| Intel | $ 20.59 | 8.18% |
| Boing | 137.31 | 8.82% |
| Dow Inc | 28.88 | 8.47% |
| Goldman Sack | 471.24 | 7.60% |
| JPMorgan Chase | 212.35 | 6.82% |
4 reasons for decline in US market
- China also imposed 34% of the responsible tariffs on the US: China has announced a 34% counter -tariff on the US on Friday, the new tariff will be applicable from April 10. Two days before this, US President Trump imposed a Tit Tariff to the world like worldwide. It was imposed 34% of additional tariffs on China. Now China has put the same tariff on America.
- Companies fear of reducing profits: The US has announced a 10%minimum tariff on all imported goods and even higher fees on some countries (such as 34%on China, 46%on Vietnam). This will increase the price of goods coming from there. This will increase the cost of companies, which will affect their profits. Investors have started selling shares due to the possibility of a reduced profit, causing a decline in the market.
- Fear of Global Trade War: After the declaration of tariff from the American, other countries can also impose counter tariffs. For example, if India is imposed 26% tariffs, India can also increase the fees on American goods. This can cause obstruction of global trade, affecting the supply chain. This uncertainty has panicked investors and have started withdrawing money from the stock market.
- Concern of Economic Sloidown: People will make less purchases when the goods are expensive with tariffs, which can reduce the speed of the economy. Also, crude oil prices have fallen due to low demand (American crude $ 69.63 per barrel). This is a weak economic activity signal. This has shown the trust of investors and the decline in the market has intensified.
On April 3, Dow Jones fell 3.98% to close at 40,545
On April 3, the US stock market index Dow Jones fell 1,679 points (3.98%) to close at 40,545. At the same time, the S&P 500 index declined by 274 points (4.84%). It came to the level of 5,450. The Nasdaq Composite closed down to 1,050 points (5.97%).
S&P 500 index declines by more than 4% in the last 10 years
| date | Decline |
| 16/3/2020 | 12.0% |
| 12/3/2020 | 9.5% |
| 9/3/2020 | 7.6% |
| 11/6/2020 | 5.9% |
| 18/3/2020 | 5.2% |
| 11/3/2020 | 4.9% |
| 3/4/2025 | 4.8% |
| 27/2/2020 | 4.4% |
| 1/4/2020 | 4.4% |
| 20/3/2020 | 4.3% |
| 13/9/2022 | 4.3% |
| 5/2/2018 | 4.1% |
| 18/5/2022 | 4.0% |
Reciperook tariff will be implemented from April 9
All the items coming in the US will cost 10% baseline (minimum) tariff. Baseline tariffs will be implemented on April 5 and reciperochl tariffs after 12 pm on 9 April. Baseline tariffs are imposed on imports under the general rules of business, while reciperook tariff is imposed in response to the tariff of another country.
Sensex fell 930 points to close at 75,364
The Sensex closed down to 75,364 at 75,364 with a decline of 930 points (1.22%) on 4 April today. At the same time, the Nifty fell by 345 points (1.49%), it closed at 22,904.
The Nifty Metal Index in NSE Sectoral Indies broke around 6.56%. Pharma, Realty and IT index fell by about 4%. Auto, media index fell by about 3%.
