Reported about 10 hours ago
Global stocks are experiencing a significant downturn, exacerbated by President Trump's new tariffs and China's retaliatory measures, leading to increased fears of a recession in the U.S. Major indexes worldwide, including the European Stoxx 600 and Japan's Nikkei, have fallen sharply, while U.S. futures also indicate a steep decline. The drop in equity markets has prompted a flight to safer assets, causing bond prices to rise and the VIX index to spike, reflecting heightened market volatility.
Source: YAHOO