{"id":286858,"date":"2025-04-21T14:03:06","date_gmt":"2025-04-21T14:03:06","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/21\/wall-street-opens-lower-as-trade-uncertainty-weighs-dow-falls-over-350-points-times-of-india\/"},"modified":"2025-04-21T14:03:06","modified_gmt":"2025-04-21T14:03:06","slug":"wall-street-opens-lower-as-trade-uncertainty-weighs-dow-falls-over-350-points-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/21\/wall-street-opens-lower-as-trade-uncertainty-weighs-dow-falls-over-350-points-times-of-india\/","title":{"rendered":"Wall street opens lower as trade uncertainty weighs, Dow falls over 350 points – Times of India"},"content":{"rendered":"
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US stocks opened the week in negative territory on Monday as investors kept a close watch on developments in President Donald Trump<\/a>\u2019s trade negotiations. Persistent uncertainty surrounding trade deals and tariffs dragged key indexes lower, with technology shares leading the losses.
At 9:32 a.m. ET, the Dow Jones Industrial Average<\/a> was down 354.47 points, or 0.91%, at 38,787.76. The S&P 500 fell 55.12 points, or 1.04%, to 5,227.58, while the Nasdaq Composite<\/a> dropped 219.82 points, or 1.35%, to 16,066.62.
Market sentiment remained cautious amid a lack of progress in ongoing trade discussions, while fresh geopolitical and economic risks kept investors on edge.
Safe-haven buying lifted gold sharply, with prices jumping 3.04% to $3,429.70 per ounce \u2014 up $101.30. Conversely, oil prices declined $1.60, or 2.47%, to $63.08 a barrel, reflecting concerns over global demand amid trade tensions.
The yield on the US 10-year Treasury note rose to 4.379%, up 0.052 basis points, signaling some movement in bond markets. Meanwhile, the euro gained nearly 1% against the US dollar to trade at 1.15.
Volatility also ticked up, with the CBOE Volatility Index (VIX) climbing 8.47% to 32.16.
Investors are also bracing for earnings reports from major tech companies this week, as the \u201cMagnificent Seven\u201d prepare to release their latest financials in the shadow of market turbulence.
Meanwhile, Asian stock markets were mostly higher on Monday, even as US futures declined and investor sentiment remained cautious ahead of major tech earnings reports<\/a> and lingering concerns over President Donald Trump\u2019s trade policies.
Futures for the S&P 500 dropped 1.1%, while Dow Jones Industrial Average futures fell 0.9%. Oil prices also declined, with US benchmark crude shedding $1.24 to $62.77 per barrel and Brent crude falling $1.23 to $67.02.
Markets in several countries, including the US, Hong Kong, and Australia, were closed for Easter holidays.
Tensions surrounding the US trade war under President Trump continue to weigh on global markets<\/a>. Economists have warned that sustained and
Meanwhile, Asian stock markets were mostly higher on Monday, even as US futures declined and investor sentiment remained cautious ahead of major tech earnings reports and lingering concerns over President Donald Trump\u2019s trade policies.
Futures for the S&P 500 dropped 1.1%, while Dow Jones Industrial Average futures fell 0.9%. Oil prices also declined, with US benchmark crude shedding $1.24 to $62.77 per barrel and Brent crude falling $1.23 to $67.02.
Markets in several countries, including the US, Hong Kong, and Australia, were closed for Easter holidays.
Tensions surrounding the US trade war under President Trump continue to weigh on global markets. Economists have warned that sustained and aggressive tariff measures could push the global economy toward a recession. Additionally, a weakening US dollar\u2014falling to 140.76 yen, its lowest since September\u2014has raised concerns about a potential erosion in investor confidence in the US as a safe-haven destination.
\u201cThe reputational hit to the US brand is real, and it\u2019s not fading quietly into the next news cycle,\u201d said Stephen Innes of SPI Asset Management in a note.
The euro also climbed to $1.1473 from $1.1404.
Investor focus this week is on the earnings season for the “Magnificent Seven” tech companies: Apple, Microsoft, Nvidia, Amazon, Tesla, Google parent Alphabet, and Facebook parent Meta. As of April 20, their combined market value had fallen by $3.8 trillion, or 22%, since Trump’s inauguration.
Tesla is set to report its full first-quarter financials on Tuesday, following an earlier disclosure of a 13% year-over-year drop in vehicle deliveries. The electric carmaker has significant production operations in Shanghai.
In Japan, the Nikkei 225 fell 1.3% to 34,279.92, pressured by uncertainty over trade negotiations with the US Japanese automakers face a 25% tariff on auto and parts exports to the US
China’s Shanghai Composite rose 0.5% to 3,291.73, and South Korea\u2019s Kospi edged up 0.2% to 2,488.42. India\u2019s Sensex climbed 1.1%, while Taiwan\u2019s Taiex slipped 1.5%.
Bitcoin gained nearly 3.5% to around $87,580.
In the bond market, the yield on the 10-year US Treasury note rose to 4.36% from 4.32% on Thursday. US stock markets were closed Friday; on Thursday, the Dow lost 1.3%, the S&P 500 edged up 0.1%, and the Nasdaq fell 0.1%.<\/div>\n