Nasdaq futures fell 3.3% and dollar plunges to six-month low as Asian and European markets plummet
Global stocks fell sharply and the US dollar hit a six-month low after US president Donald Trump unveiled sweeping tariffs against America’s global trade partners, in a move that is expected to upend supply chains and cause economic turmoil.
European markets opened lower on Thursday after a sharp selloff across Asia and US futures signalled similar falls when Wall Street opens.
Continue reading…Nasdaq futures fell 3.3% and dollar plunges to six-month low as Asian and European markets plummetBusiness live – latest updatesGlobal stocks fell sharply and the US dollar hit a six-month low after US president Donald Trump unveiled sweeping tariffs against America’s global trade partners, in a move that is expected to upend supply chains and cause economic turmoil.European markets opened lower on Thursday after a sharp selloff across Asia and US futures signalled similar falls when Wall Street opens. Continue reading…