Trump's trade war escalations cause market chaos with sharp drops in indexes, dollar, and bond yields.

From Yahoo Finance: 2025-04-03 17:22:00

President Trump’s trade war has caused chaos in markets as he implements sweeping tariffs, causing panic in the stock market with sharp drops in indexes, the dollar, and bond yields. Market fear of earnings growth impact is evident as multinational companies struggle, with major tech stocks like Apple, Amazon, and Nvidia plummeting. The 10-year US Treasury yield hit a low due to investor flight to safety amidst economic uncertainty, while oil prices dropped sharply as traders assess the impact of tariffs and OPEC+ countries plan to increase output.

Read more: 6 charts show the chaos in markets after Trump’s sweeping trade war escalation