Wall Street Nears Major Losses
This is a U.S. news story, published by torontosun.
U.S. news
For more U.S. news, you can click here:
more U.S. newsNews about Asia business & economics
For more Asia business & economics news, you can click here:
more Asia business & economics newstorontosun news
For more news from torontosun, you can click here:
more news from torontosunAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Asia business & economics, you might also like this article about
Nasdaq futures. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest market meltdown news, recent tariffs news, news about Asia business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
futures tradingtorontosun
•Business
Business & Economics
Panic Monday: Wall Street follows global markets sharply lower as Trump doubles down on tariffs
83% Informative
S&P 500 futures tumbled 2.7% in premarket trading Monday , while Dow Jones Industrial Average slipped 2.4% .
Tokyo 's Nikkei 225 index lost nearly 8% shortly after the market opened and futures trading was briefly suspended.
European and Asian markets are tumbling sharply, while the leading U.S. index briefly flirted with bear market territory.
Oil prices sink again, briefly dipping below $ 60 a barrel for the first time since 2021 .
Brent crude, the international standard, gave up $1.53 to $64.05 a barrel.
The drop comes after moves to increase production by the OPEC+ producers’ alliance.
Exchange rates also gyrated; the U.S. dollar fell to 146.50 Japanese yen from 146.94 yen .
VR Score
87
Informative language
86
Neutral language
57
Article tone
formal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5
Affiliate links
no affiliate links