U.S. stock futures fell sharply on Sunday night, with Dow futures dropping over 1,500 points. Analysts suggest this may indicate a "disastrous day" for U.S. stocks on Monday. Due to the Trump administration's reciprocal tariff policy, the market experienced a panic sell-off, affecting cryptocurrencies as well, with Bitcoin dropping below $80,000. Investors felt uneasy as they failed to receive positive news from the Trump administration regarding negotiations, especially after China announced a 34% tariff on U.S. goods. Financial expert Cramer warned of a potential repeat of the "Black Monday" market crash of 1987. Meanwhile, investors were reminded of the investment risks and urged to thoroughly understand relevant information.
U.S. stock futures saw a sharp decline on Sunday evening, with Dow futures falling over 1500 points. Foreign media analysis suggests that this may indicate a "disastrous day" for Wall Street during Monday's early trading.
The reciprocal tariffs imposed by the Trump administration triggered panic in global markets, leading to a wave of sell-offs in the U.S. stock market. By Sunday evening, Dow futures had clearly dropped, and cryptocurrencies like Bitcoin also fell, with prices dropping below $80,000.
According to reports, investors did not expect any positive news over the weekend, and the Trump administration did not actively negotiate with countries or consider delaying the reciprocal tariffs that are set to take effect on the 9th, instead downplaying the impact of the market sell-off.
The calculations for these reciprocal tariffs seem to be ungrounded in established economic theory, and China has also decided to retaliate by imposing a 34% tariff on all U.S. imports, further exacerbating market anxiety.
Renowned financial experts warn that if Trump insists on the reciprocal tariff plan, the market could witness a repeat of the "Black Monday" event of 1987 when the Dow Jones Industrial Average plummeted by 22.6% in a single day.
Meanwhile, Bitcoin continues its decline, dropping below the $78,000 level, having previously maintained a price above $80,000 for most of the time, occasionally dipping below that level.
Investors should keep in mind that all investments carry risks, with potential for both gains and losses. It is advisable to read the prospectus carefully before applying and to learn correct investment concepts to mitigate the risk of loss.
