Dow futures suggest that Black Monday is arriving? Bitcoin plummets!
- byVic

讀後心得
U.S. stock futures fell sharply on Sunday night, with Dow futures down more than 1,500 points, suggesting Wall Street could face a "catastrophic day" on Monday. The Trump administration's reciprocal tariff policy has triggered market panic, leading investors to worry about future market trends. Cryptocurrencies were also affected, with Bitcoin falling below $80,000. Market experts warn that if Trump continues to pursue tariff policies, a repeat of the 1987 "Black Monday" disaster could occur. Investment risks still need to be carefully assessed.
The US stock futures saw a significant drop on Sunday night, with Dow futures falling more than 1500 points. Analysts believe this may signal a "catastrophic day" for Wall Street at Monday's opening.
Due to the Trump administration's reciprocal tariff policy causing panic in global markets, investors rushed to sell off, leading to a sharp decline in US stock futures late Sunday local time. In addition to the stock market decline, cryptocurrencies including Bitcoin also experienced price drops, with Bitcoin falling below the $80,000 mark.
Reports indicate that investors did not receive the positive news they had hoped for over the weekend, as the Trump administration did not engage in substantial negotiations with other countries, and there was no sign of consideration for delaying the reciprocal tariffs set to take effect on the 9th. Trump and his team also attempted to downplay the impact of the stock market sell-off, making investors feel even more uneasy.
In particular, the reciprocal tariffs seem to be calculated based on a simple formula, lacking established economic theory support. Moreover, China has decided to impose a 34% tariff on all US imports, and the lack of negotiation further exacerbates market unease.
A well-known financial expert warned that if Trump continues to pursue his tariff plans, the market could potentially repeat the "Black Monday" of 1987, during which the Dow Jones Industrial Average fell by 22.6% in a single day.
Furthermore, Bitcoin also declined on Sunday night, falling below $78,000, after maintaining a price above $80,000 for most of the past few months, only briefly dipping below that level recently.
This serves as a reminder to investors that investing itself comes with risks, including the potential for both gains and losses. Therefore, it is essential to read relevant public disclosure documents thoroughly and learn proper investment concepts in order to effectively reduce the risk of losses.