- U.S. stock indices fell sharply due to new trade tariffs by President Trump.
- Major sectors such as technology and financials experienced significant declines.
- Bitcoin showed resilience with a 1.83% increase over 24 hours despite a month-long decline.
U.S. stock indices fell sharply on April 4, 2025, as escalating trade tensions led to new tariff measures by President Donald Trump. Apple, Amazon, Meta, and Tesla each opened at least 4% lower.
This market downturn underscores lingering trade policy uncertainties and raises immediate investor concerns.
U.S. Market Suffers Over 5% Decline Amid Tariffs
The announcement of fresh tariffs by President Donald Trump led to significant declines in U.S. stock markets, affecting both technology and financial sectors.
Major stock indices in the U.S., including the Dow Jones and Nasdaq, suffered widespread losses, registering declines over 5% by the market close. Financial institutions such as JPMorgan Chase experienced a 5% drop, reflecting broader investor withdrawal amid these tariff announcements. The Federal Reserve’s Jerome Powell highlighted likely increases in inflation, impacting economic policy outlooks.
Jerome Powell, Chair, Federal Reserve – “Higher tariffs will be working their way through our economy and are likely to raise inflation in coming quarters.”: CBS News
Global markets reacted adversely, with Asian and European indices experiencing downturns as global trade relationships face scrutiny. Dan Ives of Wedbush Securities characterized the tariffs’ impact as an “economic Armageddon,” emphasizing the scale of market repercussions experienced.
Global Market Reactions and Cryptocurrency Dynamics
Did you know? Previous two-day selloffs of this magnitude in global stock markets occurred during the COVID-19 pandemic onset, highlighting recurrent vulnerabilities in global trade relations impacting equities.
Data from CoinMarketCap indicates Bitcoin’s value stood at $84,005.07, with a market cap of formatNumber(1667220917853, 2). Although Bitcoin saw a 1.83% rise over 24 hours, it faced a month-long decline of 6.94%, reflecting volatility likely linked to macroeconomic shifts.
The Coincu research team predicts potential easing measures by the Federal Reserve to counter expected economic weaknesses, likely including up to four interest rate cuts. As uncertainties grow, major publicly-traded cryptocurrencies have demonstrated market sensitivity to both regulatory and policy-driven shifts.
Source: https://coincu.com/330397-us-stock-market-plunge-tariffs/