Asian markets plunge amid US trade war; global ‘bloodbath’ likely today. ‘Black Monday’ of 1987 ahead? | 10 updates

Written by on April 7, 2025

Apr 07, 2025 08:06 AM IST

US equity futures plummet as S&P 500 nears bear market amid escalating trade tensions. Futures fell 3.33%, led by tech giants like Apple and Microsoft. 

The United States equity futures took a nosedive, putting the S&P 500 on the brink of a bear market, as the Donald Trump administration showed no signs of backing down from its trade war — something many economists fear could drag the world’s biggest economy into a recession.

The Nasdaq MarketSite in New York, US, on Friday, April 4 . . .



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