April 7, 2025 — Stock markets across the Asia-Pacific region experienced a brutal selloff on Monday, as growing fears over an economic recession triggered by the United States’ aggressive tariff policy sent shockwaves through global financial systems.
(more…)Tag: US Stocks
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Nvidia and U.S. Tech Stocks Tumble Amid DeepSeek AI Concerns
Nvidia and several prominent U.S. technology companies faced sharp declines on Monday as a global sell-off was triggered by concerns over competition in the artificial intelligence (AI) sector. The worries were sparked by the emergence of DeepSeek, a Chinese startup that has made waves with its AI advancements, raising questions about the future of U.S. leadership in AI technology.
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U.S. Stocks Close Mixed Amid Geopolitical Tensions
The trading week concluded on a mixed note for U.S. stocks as investors grappled with escalating geopolitical conflicts and persistent inflationary pressures.
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US stocks jump up after Trump declares coronavirus outbreak emergency
The US stocks rebounded on Friday and jumped up more than 9 percent after US President Donald Trump declared the coronavirus outbreak a national emergency.
The Dow Jones Industrial Average closed 1,985 points higher, or 9.4 percent, at 23,185.62. Friday marked the Dow’s biggest-ever point gain. The S&P 500 climbed 9.2 percent to 2,711.02 while the Nasdaq Composite surged 9.3 percent to 7,874.23. The averages posted their biggest one-day gain since October 2008, according to CNBC.
The BBC reported that Wall Street shares rallied on Friday after US President Donald Trump declared the coronavirus outbreak a national emergency, freeing up money to fight the spread of the disease.
As the president spoke, the three main US indexes jumped more than 9 percent.
Earlier, London’s FTSE 100 closed up 2.5 percent, retreating from an early surge, while other European indexes made similar moves.
The rally comes a day after Wall Street suffered its biggest losses since 1987.
Investors fear economies could slide into recession as a result of the pandemic, as business is disrupted, events are cancelled and schools in many countries close in an effort to contain the spread of the virus.
Many indexes around the world have now fallen more than 20 percent from their recent highs – a red flag for recession, the BBC reported.
CNN reported it was the best day for stocks since 2008, but indexes still ended the week with sharp losses. This pretty much sums up the market volatility.
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US stocks plummet on US travel ban from Europe
US stocks witnessed plummeted on Thursday after the US President imposed travel ban to curb coronavirus outbreak, which spooked investors and rattled world markets.
According to CNBC the Dow Jones Industrial Average fell 2,352.33 points, or 9.99 percent, to 21,200.89, the S&P 500 lost 260.75 points, or 9.51 percent, to 2,480.63 and the Nasdaq Composite dropped 750.25 points, or 9.43 percent, to 7,201.80.
CNN reported that Wall Street had its worst day since October 19, 1987, also known as “Black Monday”.
The S&P 500 (SPX) fell 9.5 percent. The index, which is the broadest measure of US stocks, is now in a bear market, defined as a 20 percent drop from the most recent peak. This has officially ended the longest bull-market in history.
The Dow (INDU) fell 2,353 points, or nearly 10 percent, also its worst day since “Black Monday.” It was its worst one-day point drop on record. The Nasdaq Composite (COMP) dropped 9.4 percent.
CNN further said President Donald Trump used a national address on the coronavirus to announce a ban on most travel from Europe, but failed to deliver the comprehensive economic and medical response to the outbreak that investors are craving.
BBC reported that in the US, the Dow and S&P 500 were also hit by their steepest daily falls since 1987.
The declines came despite actions by the Federal Reserve and European Central Bank to ease financial strains.
At the start of US trading, plummeting shares triggered an unusual automatic suspension in trading for the second time this week.
When trade resumed 15 minutes later, shares continued to fall, taking cues from the slide in European markets.
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US stocks tumble as coronavirus declared pandemic
The US stock indices plunged on Wednesday after World Health Organization (WHO) declared coronavirus.
This is the second major fall in just three days and wipe out Tuesday’s recovery.
The major indices ended down included: Dow Jones plunged by 1465 points or 5.9 percent to close at 23,553 points.
The S&P 500 fell by 4.9 percent at 2,741. Nasdaq Composite came down by 4.7 percent to 7,952.
According to CNBC the coronavirus-induced sell-off reached a new low on Wednesday as Wall Street grappled with the rapid spread of the virus as well as uncertainty around a fiscal response to curb slower economic growth resulting from the outbreak.
Earlier in the day, the WHO declared the coronavirus outbreak a pandemic.
As the number of confirmed cases of the virus worldwide surpassed 112,000 – and the death toll neared 4,500 – the WHO said it was ‘deeply concerned by the alarming levels of spread and severity’.
The Director-General of the UN agency, Dr Tedros Adhanom, also blasted governments for ignoring repeated WHO pleas to take urgent and aggressive action, with cases of the deadly illness outside of China having risen 13-fold in the space of a fortnight because of escalating crises in Italy, Iran, Spain, Germany, and France.