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After the announcement of the US President’s reciperook Tariff, the US stock market index Dow Jones has fallen by about 1,400 points or 3% to 40,800.
At the same time, there is a decline of about 220 points or 4% in the S&P 500 index. This is at a level of 5,450. Nasdaq Composite is trading the most with a decline of 860 points or 5%.
Shares of companies like Nike, Apple and Tesla broken up to 10%
Apple’s stock is 8% broken. It is trading around $ 206. Tesla’s stock also falls by about 6%. At the same time, shares of companies like Nike, Boeing, American Express, Amazon and Nvidia are also below 7-10%.
Due to decline in US market
- Fear of low profits of companies: 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 charged 27% tariffs, India can also increase 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 weakness is an economic activity signal. This has shown the trust of investors and the decline in the market has intensified.
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