Global stocks plummet due to Trump's tariff policies, tech stocks declining, markets in uncertainty

From Morningstar: 2025-04-07 06:02:00

European and Asian stocks plummeted as Trump reaffirmed tariff policies. Stoxx Europe 600 fell over 5%, Chinese equities dropped further. US futures predict grim open with S&P 500 down 3.5% and Nasdaq down 4%. Nasdaq entered bear market, S&P 500 on track. Tech stocks like Nvidia, Tesla, Apple also declining.

Investors hesitant to “buy the dip” as markets shock. Lack of visibility causing uncertainty, deterring investment. Situation manmade and fixable, but risk of global trade disruption looming. Market direction hinges on optimism vs. risk. Morningstar strategist Michael Field weighs in on current market climate.

Asian stocks plunge, Hang Seng index worst since 1997. CSI 300, Nikkei 225, KOSPI all down significantly. European stocks led by aerospace & defense sector. Defense stocks like Rheinmetall, Leonardo, BAE Systems, Thales, Dassault Aviation, Hensoldt, Fincantieri all experiencing steep declines. Defense sector rally reversed.



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