New York, US:
Stock markets around the world caused a sharp loss after a sales in the US, US President Donald Trump on Monday refused to dismiss the suggestion that his tariffs could trigger the recession in the world’s largest economy. American bond yields also fell as the investor was concerned about the potential economic slowdown that Trump’s remarks were asked that the American economy was in the “period of infection”, among the mexico, Canada and his ups and down trade policies on his ups and down trade policies, which could have reduced consumer demand and corporate investment.
In New York, Tech-Havi Nasdac saw the worst day since 2022. The benchmark S&P 500, which tracks the largest American companies, has also fallen more than 8 percent of its February high.
The US President has not commented directly on the economy since harassed remarks, but his top officials and advisors have sought to calm the fear of investors.
Market in red color
On Monday, S&P 500 ended its lowest closing level since trading day 2.7 percent less and its biggest daily percentage fall since December. Dow Jones Industrial Average, meanwhile, fell 2 percent for his lowest close to 4 November, a day before Trump’s election as President. Nasdaq composite declined by 4 percent.
NASDAQ confirmed an improvement last week, exceeding 10 percent from its high time of December. MSCI’s global stock index also fell more than 2 percent for its largest one -day drop, touching the lowest level since January 13.
Trump’s assistance saw a decline of about 15.4 percent in Elon Musk’s Tesla’s shares, while Artificial Intelligence (AI) chip veteran NVidia was more than 5 percent. Other major technical stocks including Meta, Amazon and Alphabet also saw a steep dip.
In early trade on Tuesday, Japan’s Nikkei was 225 2.5 percent below, South Korea’s Kospi was 2.3 percent lower and Australia’s S&P/ASX 200 was 1.8 percent. Indian equity is also ready to open less on Tuesday, tracking a widespread sales in Asian markets after Wall Street.
Gifts Nifty Futures were trading as 07:53 AM IST at 22,430.5, showing that the Blue-Chip Nifty 50 is expected to be closed at 22,460.3 on Monday. The Nifty is trading below 14.5% below 14.5% from the all-time high hit on 50 September 2024, hurt by slowing down in earnings, US tariff uncertainty and tireless foreign sales.
Earlier, the Pan-European Stoxx 600 index was reduced by 1.29 percent.
In fixed income, Trump’s interview produced the demand for US government bonds after investors’ confidence was cut. The 2 -year note yield, which usually moves with expectations of interest rate for the Federal Reserve, fell on Friday, 4.002 percent late on Friday on the track for its biggest daily drops to 3.898 percent.
The yield on benchmark US 10 -year notes declined by 9.3 base points to 4.225 percent, while 30 years of bond yield declined by 6.9 basis points to 4.548 percent.
In currencies, investors looked for security. Against the Japanese Yen, the dollar weakened 0.5 percent. However, the euro was down 0.06 percent at $ 1.0826 and sterling weakened 0.45 percent to $ 1.2862.
Oil prices also drowned as tariff uncertainty put investors on the edge along with increasing production from OPEC+ producers, although potential restrictions on Iranian oil exports were limited losses. The US crude settled at 1.51 percent or $ 1.01 $ 66.03 per barrel, while Brent settled $ 1.08 or 1.53 percent at $ 69.28 per barrel.
At the end of this week, gold prices also increased in the form of support from secure-hovel demand, along with focusing on US inflation figures, as well as gold prices. Spot gold fell 0.86 percent to $ 2,885.63 per ounce. The US gold futures fell 0.76 percent to $ 2,882.70 an ounce. Copper declined by 1.25 percent to $ 9,493.00 per tonne.
In cryptocurrency, bitcoin fell 4.88 percent to $ 79,028.58 since November.
Trump’s comment
Talking to Fox News on Sunday, President Trump appeared accepting the concerns of the recession. When asked about this, he said, “I hate to predict such things.”
He said, “It is a period of infection because what we are doing is very big. We are bringing money back to America. It’s a big thing,” he said.
After trading on Wall Street on Monday, a White House official said, “We are looking at a strong deviation among the stock market animal spirits and which we are actually revealing from businesses and business leaders.”
“The latter is clearly more worthwhile than before, what is for the economy in the medium to longer period,” the official said.
But Trump did not appear on camera on Monday – a rareness for the commander -in -chief – as the US stock market fell in view of his comments.
Investors want security
Investors began to demand security after President Trump’s comments, with market strategists pointing to the comments on Monday, pointing as a major reason for the cautious mood among investors.
“The Trump administration acknowledges the idea that they are fine with the market collapse,” an investment strategist Ross Mefield in Louisville, Kentaki, and they are fine with a recession to potentially accurate their wider goals. “
“I think this is a big wake-up call for Wall Street. One understood that President Trump measured his success on the performance of the stock market. Some ‘Trump Dal’ had to speak to some extent to speak. And I think we are seeing that the market is not so, so the market is starting to reflect that reality.”
“If the person living in the White House itself is not very optimistic about the expectations of short -term development, then why should the market be optimistic about it?” Macro Strategist Will Coparnol said at FHN Financial.
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