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mahatmakanejeeves

(64,409 posts)
Sun Apr 6, 2025, 06:18 PM Apr 6

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

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

43 replies = new reply since forum marked as read
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Stock market today: Dow, S&P 500, Nasdaq futures plunge as Trump tariff rout set to escalate (Original Post) mahatmakanejeeves Apr 6 OP
I hope the damn thing drops so much it triggers the shut down. OrlandoDem2 Apr 6 #1
Coins are even dropping LiberalArkie Apr 6 #2
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 Bernardo de La Paz Apr 6 #5
I'm not buying bitcoin until I can use the money from my monopoly game mdbl Apr 7 #33
Because he's the only one that matters, right? PoindexterOglethorpe Apr 7 #29
Truth Be Told wyn borkins Apr 6 #3
This week is gonna be ugly Zorro Apr 6 #4
But the side point might be the death of the GOP. LiberalArkie Apr 6 #6
No. He will not declare martial law because the stock market goes down Bernardo de La Paz Apr 6 #9
There's a quick solution and Trump needs to resign. C_U_L8R Apr 6 #7
It's very possible it might rally after a down open & finish up. Watch for China & SKorea open at 9:30 pm EDT Bernardo de La Paz Apr 6 #8
LOL Mysterian Apr 6 #18
LOL back at you? Am I wrong that they were closed? Or you think it is funny they were closed? Bernardo de La Paz Apr 6 #19
That Could Happen, But DallasNE Apr 6 #21
Yes. I think there is almost zero chance he'll reverse or somehow calm the markets before they open tomorrow. nt Bernardo de La Paz Apr 6 #22
The Japanese Nikkei Index was down almost 10% today RazorbackExpat Apr 7 #39
Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates IrishBubbaLiberal Apr 6 #10
If the futures remain unchanged the DOW could open down 2,000 points. S&P futures down 6%. flashman13 Apr 6 #11
Let's focus on S&P500. Dow index is inherently flawed. I'm seeing S&P down nearly 4% (15 min. delay) Bernardo de La Paz Apr 6 #12
I believe your are closer to correct. I'm seeing S&P down 4.5% flashman13 Apr 6 #13
Too Much Winning! wolfie001 Apr 6 #14
Can someone tell me how stocks go down on the weekend? FirstLight Apr 6 #15
I don't know anything about futures, but I know "they happen", weekday nights and early mornings progree Apr 6 #17
Yes , a regular person can trade futures. masmdu Apr 6 #25
Thanks 🏆 /nt progree Apr 6 #27
The futures are only a guess about a guess about future results (earnings) Bernardo de La Paz Apr 6 #23
"At Market" DallasNE Apr 7 #36
Are we great enough yet? IronLionZion Apr 6 #16
Trump's Red Wedding isn't over until everybody is dead. LudwigPastorius Apr 6 #20
If the EU announces retaliatory tariffs tomorrow NickB79 Apr 6 #24
Gonna buy as much as I can madville Apr 6 #26
Catch a falling knife. Inflation might only be six months before deflation bites as a recession deepens. . . nt Bernardo de La Paz Apr 7 #31
This message was self-deleted by its author madville Apr 7 #37
Reply to your deleted post: Bernardo de La Paz Apr 7 #38
As long as it takes madville Apr 9 #40
Very few people are in your situation so advising people to stay the course is not applicable to many. .nt Bernardo de La Paz Apr 9 #41
Buying the dips is sound strategy madville Apr 9 #42
Unless one spends lots of time studying markets, dollar-cost averaging is the only practical way to buy dips. . . nt Bernardo de La Paz Apr 9 #43
Japan opened at limit down, meaning initial 8% drop before trading halted. Mawspam2 Apr 7 #28
Nikkei is now in bear market. Hang Seng (Hong Kong) down more than 13%. . . . nt Bernardo de La Paz Apr 7 #30
Europe opened down, now down 5 to 7 %. . . . . . nt Bernardo de La Paz Apr 7 #32
Global Stocks Plunge as Trump Says Tariffs Will Stay mahatmakanejeeves Apr 7 #34
Dow futures fall 1,300 points, S&P 500 set to enter bear market on Trump tariff market collapse mahatmakanejeeves Apr 7 #35

Bernardo de La Paz

(54,819 posts)
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
Sun Apr 6, 2025, 06:36 PM
Apr 6

mdbl

(6,269 posts)
33. I'm not buying bitcoin until I can use the money from my monopoly game
Mon Apr 7, 2025, 05:38 AM
Apr 7

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

PoindexterOglethorpe

(27,766 posts)
29. Because he's the only one that matters, right?
Mon Apr 7, 2025, 01:48 AM
Apr 7

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.

Zorro

(17,253 posts)
4. This week is gonna be ugly
Sun Apr 6, 2025, 06:36 PM
Apr 6

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'...

Bernardo de La Paz

(54,819 posts)
9. No. He will not declare martial law because the stock market goes down
Sun Apr 6, 2025, 06:47 PM
Apr 6

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

(47,155 posts)
7. There's a quick solution and Trump needs to resign.
Sun Apr 6, 2025, 06:40 PM
Apr 6

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

Bernardo de La Paz

(54,819 posts)
8. It's very possible it might rally after a down open & finish up. Watch for China & SKorea open at 9:30 pm EDT
Sun Apr 6, 2025, 06:42 PM
Apr 6

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.

Bernardo de La Paz

(54,819 posts)
19. LOL back at you? Am I wrong that they were closed? Or you think it is funny they were closed?
Sun Apr 6, 2025, 09:59 PM
Apr 6

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

(7,759 posts)
21. That Could Happen, But
Sun Apr 6, 2025, 10:49 PM
Apr 6

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

(54,819 posts)
22. Yes. I think there is almost zero chance he'll reverse or somehow calm the markets before they open tomorrow. nt
Sun Apr 6, 2025, 10:52 PM
Apr 6

IrishBubbaLiberal

(1,463 posts)
10. Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates
Sun Apr 6, 2025, 06:49 PM
Apr 6
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

(1,159 posts)
11. If the futures remain unchanged the DOW could open down 2,000 points. S&P futures down 6%.
Sun Apr 6, 2025, 06:49 PM
Apr 6

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

Bernardo de La Paz

(54,819 posts)
12. Let's focus on S&P500. Dow index is inherently flawed. I'm seeing S&P down nearly 4% (15 min. delay)
Sun Apr 6, 2025, 06:54 PM
Apr 6

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

(1,159 posts)
13. I believe your are closer to correct. I'm seeing S&P down 4.5%
Sun Apr 6, 2025, 07:06 PM
Apr 6

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

FirstLight

(14,981 posts)
15. Can someone tell me how stocks go down on the weekend?
Sun Apr 6, 2025, 08:48 PM
Apr 6

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

(11,834 posts)
17. I don't know anything about futures, but I know "they happen", weekday nights and early mornings
Sun Apr 6, 2025, 09:54 PM
Apr 6

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

(2,605 posts)
25. Yes , a regular person can trade futures.
Sun Apr 6, 2025, 11:36 PM
Apr 6

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.

Bernardo de La Paz

(54,819 posts)
23. The futures are only a guess about a guess about future results (earnings)
Sun Apr 6, 2025, 11:08 PM
Apr 6

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

(7,759 posts)
36. "At Market"
Mon Apr 7, 2025, 08:25 AM
Apr 7

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.

NickB79

(19,868 posts)
24. If the EU announces retaliatory tariffs tomorrow
Sun Apr 6, 2025, 11:11 PM
Apr 6

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

madville

(7,654 posts)
26. Gonna buy as much as I can
Sun Apr 6, 2025, 11:46 PM
Apr 6

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

(54,819 posts)
31. Catch a falling knife. Inflation might only be six months before deflation bites as a recession deepens. . . nt
Mon Apr 7, 2025, 03:41 AM
Apr 7

Response to Bernardo de La Paz (Reply #31)

Bernardo de La Paz

(54,819 posts)
38. Reply to your deleted post:
Mon Apr 7, 2025, 10:49 AM
Apr 7

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.

madville

(7,654 posts)
40. As long as it takes
Wed Apr 9, 2025, 05:53 PM
Apr 9

The dips are getting shorter and shorter, your own data there shows that. I don’t ever draw from my portfolio, TSP, or Roth IRA anyway, in all likelihood my son will inherit it one day. I’ll eventually have to cash out and stick most of it into an annuity or something if I live long enough.

I’m a life long government employee, I have a military pension, VA compensation(disability), a federal FERS pension and social security, it’s about $10,000 a month all together.

If the stock market completely collapses, all that other stuff will be worthless as well so it really doesn’t matter in the end. The most likely scenario though is it will be at a record high again before we know it.

Bernardo de La Paz

(54,819 posts)
41. Very few people are in your situation so advising people to stay the course is not applicable to many. .nt
Wed Apr 9, 2025, 07:28 PM
Apr 9

madville

(7,654 posts)
42. Buying the dips is sound strategy
Wed Apr 9, 2025, 08:04 PM
Apr 9

It’s a great opportunity for long term investors, the market as a whole always comes back to new highs. Most people should stay the course, it’s the best option long term.

Bernardo de La Paz

(54,819 posts)
43. Unless one spends lots of time studying markets, dollar-cost averaging is the only practical way to buy dips. . . nt
Wed Apr 9, 2025, 08:09 PM
Apr 9

Mawspam2

(927 posts)
28. Japan opened at limit down, meaning initial 8% drop before trading halted.
Mon Apr 7, 2025, 12:28 AM
Apr 7

Last I looked, Nikkei was down 8.2%

mahatmakanejeeves

(64,409 posts)
35. Dow futures fall 1,300 points, S&P 500 set to enter bear market on Trump tariff market collapse
Mon Apr 7, 2025, 06:02 AM
Apr 7
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}
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