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2025-04-17

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Dow futures hint at a Black Monday? Bitcoin drops significantly as well.

Dow futures hint at a Black Monday? Bitcoin drops significantly as well.
讀後心得
U.S. stock futures fell sharply on Sunday night, with Dow futures dropping over 1,500 points. Foreign media analysis suggests that Wall Street may face a "catastrophic day" on Monday. The reciprocal tariffs implemented by the Trump administration have sparked market panic, and investors are uneasy about the lack of positive negotiation updates. China has decided to impose a 34% tariff on U.S. imports, further exacerbating the anxiety. Television financial personality Jim Cramer warned that if Trump insists on the tariff plan, it could lead to a repeat of the "Black Monday" event of 1987. Meanwhile, Bitcoin has fallen below $80,000, returning to below $78,000, after spending most of the time above $80,000. Investors should be aware of investment risks and do their homework.

U.S. stock futures experienced a significant drop on Sunday evening, with Dow futures falling by over 1500 points. Foreign media warned that this could lead to a "disastrous day" for Wall Street when it opens on Monday.

As the Trump administration's reciprocal tariff policy triggered market panic, a sell-off ensued. By 6 PM on Sunday, Dow futures had already declined significantly. Additionally, cryptocurrencies, including Bitcoin, were also affected, with Bitcoin's price falling below $80,000.

Reports indicated that investors did not receive the expected positive messages over the weekend, such as the Trump administration actively negotiating with other countries or considering postponing the tariffs set to take effect. Meanwhile, Trump and his team attempted to downplay the impact of the market sell-off, making investors feel even more uneasy.

The calculation of reciprocal tariffs seems to rely on a simple formula rather than economic theory, and China has decided to impose a 34% tariff on U.S. imports, further exacerbating investors' anxiety due to the lack of negotiation actions.

Financial experts warned that if Trump continues to push his tariff plans, the market could re-experience the events of "Black Monday" in 1987, when the Dow Jones index plummeted by 22.6% in a single day.

Meanwhile, Bitcoin slid again on Sunday evening, dropping below the $78,000 range. Earlier this year, Bitcoin's price remained above $80,000 for most of the time, only briefly dipping below that level a few times.

Investors should be aware that investment risks are often associated, and they should carefully read relevant prospectuses to mitigate potential loss risks.