📉 Stock markets across the U.S., Asia, and Europe took a hit this week, with the S&P 500 and Nasdaq Composite recording their steepest quarterly declines in three years. Analysts point to rising investor jitters as former U.S. President Donald Trump’s proposed retaliatory tariffs – set to kick in April 2 – threaten to reignite global trade tensions.
💡 What’s sparking the slump? Think of it like a high-stakes game of Jenga: markets thrive on stability, but uncertainty around tariffs (like pulling blocks) can send everything wobbling. Asian indices like Japan’s Nikkei and South Korea’s KOSPI mirrored the drop, while European hubs like Frankfurt and Paris also felt the squeeze. Investors are scrambling to adjust portfolios ahead of potential ripple effects.
🎢 “This feels like a prelude to a wild ride,” said one Tokyo-based trader. “Everyone’s eyeing the calendar – April 2 could be a turning point.” Whether you’re a crypto trader, a startup founder, or just tracking your savings, buckle up: global markets are navigating uncharted waters. 🌍💸
Reference(s):
cgtn.com