Equity-Markets Outlook Appears Grim on Trump's Tariffs -- Market Talk
Dow Jones04-03
2301 GMT - U.S. President Trump's tariff announcement has "caused some impressive gyrations in markets," IG's Chris Beauchamp says in an email. "The full range of tariffs deals a remarkable blow to the global trading system, as the U.S. enacts steep charges on its main trading partners," the chief market analyst say. "This scenario is far worse than had been anticipated. After a brief relief rally (overnight), the outlook for equity markets seems grim," Beauchamp says. This news has sent equity futures sharply lower, Beauchamp adds. eMini NASDAQ 100 futures last down 4.3%; eMini S&P 500 futures last 3.5% lower; eMini Dow futures last 2.4% down. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 02, 2025 19:01 ET (23:01 GMT)
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