Stock market today: Dow, S&P 500, Nasdaq futures plunge as Trump tariff rout set to escalate

[mahatmakanejeeves]

Source: Yahoo! Finance

Yahoo! Finance
Stock market today: Dow, S&P 500, Nasdaq futures plunge as Trump tariff rout set to escalate

Brett LoGiurato * Front Page Editor
Sun, April 6, 2025 at 6:05 PM EDT * 2 min read

US stock futures plunged Sunday evening, setting up Wall Street for another bruising day on Monday as markets braced for more fallout from President Trump's fast-moving tariff policy.

Futures tied to the S&P 500 (ES=F) plummeted around 4%, while those on the tech-heavy Nasdaq (NQ=F) lost 4.3%. Dow Jones Industrial Average futures (YM=F) sank 3.7%.

{snip}

Trump has shown little sign of wavering in the face of Wall Street's panic and international reactions. China already announced retaliatory tariffs, and the EU is readying countermeasures. The US's new baseline 10% duties on most trading partners went into effect over the weekend, and the additional tariffs that Trump announced on so-called "bad actors" are set to be enacted beginning on Wednesday.

{snip}

Read more: https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-plunge-as-trump-tariff-rout-set-to-escalate-220537788.html

[OrlandoDem2]

1. I hope the damn thing drops so much it triggers the shut down.

Would serve him right.

[LiberalArkie]

2. Coins are even dropping

Bitcoin down 5%
Ether down 11%
Doge 0.15 -0.02 (-10.64%)

[Bernardo de La Paz]

5. TRUMPUSD fell a dollar to 8. That's about 11 % drop too. Went public at 28.00, hit 48.00 now 8.00. Lots of suckers. . nt

[mdbl]

33. I'm not buying bitcoin until I can use the money from my monopoly game

I mean, what's the difference? They are both made up.

[PoindexterOglethorpe]

29. Because he's the only one that matters, right?

Ordinary investors, and the funds contained in retirement accounts are meaningless, right?

Perhaps you have zero money in the market, but anyone with any kind of retirement account has money in the market. Thank you for wishing them poverty.

[wyn borkins]

3. Truth Be Told

The original "bad actor" is trump (himself).

[Zorro]

4. This week is gonna be ugly

Might give him a justification to declare martial law in the face of the economic destruction he's inflicting on everyone.

And we are approaching the anniversary of the start of the Civil War...just sayin'...

[LiberalArkie]

6. But the side point might be the death of the GOP.

[Bernardo de La Paz]

9. No. He will not declare martial law because the stock market goes down

Let's be realistic.

If there are marches five times as big as April 5 two weeks from now say or whenever organized, and there is arson at night and street battles at night, then he might have a pretext, but even that would be thin.

Please go to protests, but be home before dark.

If he pushes too hard too fast he exposes himself to 25A action or to the conceivable dozen Republican Senators and impeachment/conviction. He is aware of this.

[C_U_L8R]

7. There's a quick solution and Trump needs to resign.

He clearly has no idea what he's doing and his team are a bunch of amateur jokers. Go now.

[Bernardo de La Paz]

8. It's very possible it might rally after a down open & finish up. Watch for China & SKorea open at 9:30 pm EDT

They were closed holiday on Friday. See if Futures react if China/SKorea makes big move one way or t'other.

If Monday closes above Friday close, it could be a "head-fake" rally; then watch out for Tuesday.

[Mysterian]

18. LOL

LOL

[Bernardo de La Paz]

19. LOL back at you? Am I wrong that they were closed? Or you think it is funny they were closed?

Or do you think that when a person writes "it is very possible A might occur" it means that they think it will happen? Or they think that it will probably happen?

No, that is clearly not what the English means. If I had meant it was probable or certain I would have used one of those two words. I did not.

I meant that the event is possible. I qualified it with "very" because I knew some people might think it was impossible. "very" in the sense of it being a realistic possibility. Not a certainty, not even "probable" (over 50% probability). Possible.

You are free to think anything I write is funny, and free to express that thought in writing. It would be a kindness to let me in on your secret.

[DallasNE]

21. That Could Happen, But

It would take Trump actually doing something to calm the jitters in the market. The chances of that are low, as I see it. But I thought the same thing before reconsidering the possibility.

[Bernardo de La Paz]

22. Yes. I think there is almost zero chance he'll reverse or somehow calm the markets before they open tomorrow. nt

[RazorbackExpat]

39. The Japanese Nikkei Index was down almost 10% today

It's down almost 25% since Trump won

[IrishBubbaLiberal]

10. Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates

https://www.cnbc.com/2025/04/06/stock-market-today-live-updates.html

UPDATED SUN, APR 6 20256:30 PM EDT

Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates

[flashman13]

11. If the futures remain unchanged the DOW could open down 2,000 points. S&P futures down 6%.

Republican are really great on the economy. If you are looking for a depression.

[Bernardo de La Paz]

12. Let's focus on S&P500. Dow index is inherently flawed. I'm seeing S&P down nearly 4% (15 min. delay)

The S&P 500 was down 6% on Friday. You may be picking that up. Check your feed carefully. Mine is delayed 15-20 minutes, so possibly you are more accurate.

[flashman13]

13. I believe your are closer to correct. I'm seeing S&P down 4.5%

You are right, I misread the Friday drop of 5.97%. So only -4% is great.

[wolfie001]

14. Too Much Winning!

[FirstLight]

15. Can someone tell me how stocks go down on the weekend?

Is it because trading continues on the other side of the world or is it because Japan is already opened? I don't understand. I'm sorry.

I put in an order to sell my stocks at market open tomorrow morning but with the futures going down over the weekend, does that mean that the price of my stock is also less on Monday morning then it was Friday night?

[progree]

17. I don't know anything about futures, but I know "they happen", weekday nights and early mornings

too. I don't know where they are bought and sold and if a regular person can get in on the action.

When the futures are way down just prior to the regular markets opening, then the regular markets are almost certain to open way down too.

I watch futures at:

https://www.Investing.com
Lots of info here including markets across the world. But some peculiarities about the site, I explain some of them at
https://www.democraticunderground.com/10143432216#post6

Anyway, on the right hand side, the "U.S. 30" is the Dow futures, and the "U.S. 500" is the S&P 500 futures. When the markets are open, they are synonymous with the regular Dow and S&P 500.

Another one: https://www.cnn.com/markets/premarkets

While on the subject, at 952 PM EDT:

Dow futures down 2.1% (800 points)
S&P 500 futures down 2.4%

At Investing.com again, to see what the Asian markets are doing:

On the main panel, click on "Indices" if it's not already selected, and then click on Asia/Pacific

Australia down 3.7%, Nikkei down 5.8%, Hong Kong's Hang Seng down 10%, FTSE China down 8%, Korea KOSPI down 4.4%. These Asian ones are the actual markets, not futures.

Edit: Some of the Asian/Pacific ones have temporarily stopped trading and some of those have resumed, due to "circuit breakers" that are meant to slow things down when markets are dropping fast. Pay close attention to the time shown for each one of them (at the far right), which will tell you when the last trade occurred...

[masmdu]

25. Yes , a regular person can trade futures.

I use ninja trader. You can fund an account with as little as $500 and trade ES micro minis (the fractional S&P future). Each point of movement has a value of $5.

[progree]

27. Thanks 🏆 /nt

[Bernardo de La Paz]

23. The futures are only a guess about a guess about future results (earnings)

There are earnings that will be determined and declared in a quarterly report next quarter or next year. What they will be nobody knows. But they guess with stock purchases or sales. What stocks do they think will increase in value or decrease in value. But when the markets are closed, people guess and trade on guess about stock values, hence "futures". So they are a guess about a guess about earnings to come.

If you placed an order to sell at open, then the futures guessing have no meaning as soon as the market opens. Down futures are an indication but not definitive.

From your point of view, people can make all the guesses they want, but the only thing that counts for you is the price your stock gets sold at on open. And that is out of your control. You have made a decision, so make your peace with it and get a good night's sleep.

[DallasNE]

36. "At Market"

On Monday morning there will be no one willing to fill your at market order at the closing price on Friday so it will get filled at a far lower price than Friday's close. Let's hope your order got in before the closing bell on Friday where it would have traded at roughly the closing price on Friday.

[IronLionZion]

16. Are we great enough yet?

Sick of winning?

[LudwigPastorius]

20. Trump's Red Wedding isn't over until everybody is dead.

[NickB79]

24. If the EU announces retaliatory tariffs tomorrow

The markets may drop so much that they have to pause trading. We're talking trillions of dollars in losses in a day.

[madville]

26. Gonna buy as much as I can

With the inevitable inflation that’s coming these current prices are a bargain, wouldn’t be surprised to see it doubled in a few years with the coming inflation.

[Bernardo de La Paz]

31. Catch a falling knife. Inflation might only be six months before deflation bites as a recession deepens. . . nt

[Bernardo de La Paz]

38. Reply to your deleted post:

How long an "eventually" are you willing to endure? 5, 7, 12, 25 years?

It was 5 years from the 2007 peak for the market (SP500) to recover.
It was 7 years from the 2000 peak for the market to recover, but then it got immediately hit by the 2007 global financial crisis.
It was 12 years from 2000 peak to 2012. The market did not set much of a new high if at all in the interim.
It was 25 years from 1929 until it recovered.

[Mawspam2]

28. Japan opened at limit down, meaning initial 8% drop before trading halted.

Last I looked, Nikkei was down 8.2%

[Bernardo de La Paz]

30. Nikkei is now in bear market. Hang Seng (Hong Kong) down more than 13%. . . . nt

[Bernardo de La Paz]

32. Europe opened down, now down 5 to 7 %. . . . . . nt

[mahatmakanejeeves]

34. Global Stocks Plunge as Trump Says Tariffs Will Stay

Global Stocks Plunge as Trump Says Tariffs Will Stay

There’s a chart to accompany this at https://www.nytimes.com/, but it resists being copied. It’s as bad as you think.

[mahatmakanejeeves]

35. Dow futures fall 1,300 points, S&P 500 set to enter bear market on Trump tariff market collapse

Dow futures fall 1,300 points, S&P 500 set to enter bear market on Trump tariff market collapse: Live updates

John Melloy | Tanaya Macheel

U.S. stock futures dropped on Monday as the White House remained defiant in the face of a historic three-day market meltdown that followed President Donald Trump’s rollout of shockingly high tariff rates on most key U.S. trading partners.

S&P 500 futures shed 3.8% with the benchmark poised to enter bear market territory when official trading begins. It closed Friday down 17.4% from its closing record. Dow Jones Industrial average futures fell 1,376 points, or 3.6%. Nasdaq-100 futures lost 4.1% as investors continued to shed their one-time tech winners to raise cash.

This follows a market wipeout to end last week:

• The Dow posted back-to-back losses of more than 1,500 points for the first time ever, including a 2,231-point shellacking on Friday.
• The S&P 500 dropped 6% on Friday for its worst performance since the outbreak of the pandemic in March 2020. The benchmark lost 10% in two days.
• The Nasdaq Composite entered a bear market Friday — down 22% from its record — after losses on Thursday and Friday of nearly 6% apiece.

{snip}