Share Market News / Stock market crashed due to Trump's stubbornness, made a hat-trick of decline

Share Market News: Donald Trump's tough policies and his shocking announcements one after another have given a big blow to the US stock market. The US market continued to suffer a decline for the third consecutive trading day, causing investors to lose billions of dollars of capital. Dow Jones, Nasdaq and S&P 500—all three major indexes were seen going through a big shock in history.

Fake news played the game of 'up and down'

The market started with a little relief. The news came that the Trump administration could postpone the tariff imposed on China for 90 days. This news boosted the stock markets and all three major indexes also recorded a jump of 1.5 to 2%. But soon this news turned out to be false and President Trump instead threatened 50% tariff on China. With this statement, the market's hopes were dashed and the panic of investors brought the market down again.

Picture of devastation in figures

Dow Jones has suffered a decline of 5,613.52 points i.e. about 13% in the last three trading days. On Monday, the index closed 543 points lower at 37,771.86, while during the session it slipped to the level of 36,611.78.

The condition of Nasdaq Composite was even worse. This index has fallen 2,817.02 points (16%) in three days and reached the 52-week low of 14,784.03. On Monday, it was seen trading at 15,558.15.

S&P 500 has also registered a sharp decline. The index lost 835.93 points (14%) in three days and reached the low level of 4,835.04.

Stocks of big companies were also not spared

This wave of decline did not spare even the stocks of big companies.

Apple shares fell 4%, down more than 5% during the session.

Tesla fell 3.40%,

Nike shares fell 5.5%,

Adidas also slipped below 5%.

However, some tech companies did provide some relief:

Meta up 2.54%,

Amazon rose 1.74%,

NVIDIA saw an increase of 3.35%.

What will be the impact on India?

The impact of trade tensions between the US and China was also clearly seen on the Indian markets. On Monday, the Indian stock market fell by about 3%, causing investors to suffer a loss of Rs 14 lakh crore. Experts believe that the market may see a mixed trend on Tuesday. However, Trump's tariff threat may continue to lead to a decline in Chinese markets, which may affect the whole of Asia including India.