Market mayhem: U.S. and global stocks under pressure from Trump’s tariffs
As higher U.S. tariffs come into effect, stock markets took a volatile turn. Here’s a look at how investors reacted from market floors around the world.
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Stock market turmoil Traders work on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City. Stocks fell sharply again Friday as the world continues to react to U.S. President Donald Trump's sweeping new tariffs on major U.S. trade partners. (Photo by Spencer Platt/Getty Images)
Stock market turmoil Traders work on the floor of the New York Stock Exchange during morning trading on April 07, 2025 in New York City. All three major stock indexes dipped again at the opening of the stock market for the third straight day with the Dow Jones dropping over 1,000 points and the S & P 500 nearing bear market territory amid U.S. President Donald Trump's sweeping new tariffs and other countries' retaliations. (Photo by Michael M. Santiago/Getty Images)
Stock market turmoil Traders work on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City. Stocks fell sharply again Friday as the world continues to react to U.S. President Donald Trump's sweeping new tariffs on major U.S. trade partners. (Photo by Spencer Platt/Getty Images)
Stock market turmoil Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 7, 2025. (AP Photo/Ahn Young-joon) (Ahn Young-joon/AP)
Stock market turmoil An investor looks on indexes and benchmark 100 index at the Pakistan Stock Exchange (PSE), in Karachi, Pakistan, Monday, April 7, 2025. (AP Photo/Fareed Khan) (Fareed Khan/AP)
Stock market turmoil A man sits on a wheelchair and watches a live screen outside Bombay Stock Exchange (BSE) building in Mumbai, India, Monday, April 7, 2025. (AP Photo/Rajanish Kakade) (Rajanish Kakade/AP)
Stock market turmoil Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 7, 2025. (AP Photo/Ahn Young-joon) (Ahn Young-joon/AP)
Stock market turmoil People watch a live screen on the facade of Bombay Stock Exchange (BSE) building in Mumbai, India, Monday, April 7, 2025. (AP Photo/Rajanish Kakade) (Rajanish Kakade/AP)
Stock market turmoil A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), top center left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 7, 2025. (AP Photo/Ahn Young-joon) (Ahn Young-joon/AP)
Stock market turmoil A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 7, 2025. (AP Photo/Ahn Young-joon) (Ahn Young-joon/AP)
Stock market turmoil Dilip Patel works on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil An electronic display shows financial information on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil Traders work on the options floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil Traders work on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil Traders work on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil Mark Mueller works on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City, on April 3, 2025. Wall Street stocks sank in early trading on April 3,2025, joining a global equity selloff after President Donald Trump's latest tariff announcement exacerbated worries about a trade war and global economic downturn. (Photo by CHARLY TRIBALLEAU/AFP via Getty Images) (CHARLY TRIBALLEAU/AFP via Getty Images)
Stock market turmoil Jonathan Mueller works on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil While a stock exchange trader sits in front of his monitors on the trading floor of the Frankfurt Stock Exchange, Germany, the display board with the Dax curve shows a value of less than 20,000 points. (Arne Dedert/AP)
Stock market turmoil Mark Mueller works on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (Seth Wenig/AP)
Stock market turmoil U.S. President Donald Trump is shown on a television as traders work on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil Chris Lagana works on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil While a stock exchange trader sits in front of his monitors on the trading floor of the Frankfurt Stock Exchange, Germany, the display board with the Dax curve shows a value of less than 20,000 points. (Arne Dedert/AP)
Stock market turmoil Michael Milano works on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil An electronic display shows financial information on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil Steven Rodriguez works on on the options floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig) (Seth Wenig/AP)
Stock market turmoil While a trader on the trading floor of the Frankfurt Stock Exchange watches his monitors, the display board with the Dax curve can be seen in the background Monday, April 7, 2025. (Arne Dedert/AP)
Stock market turmoil A stock broker checks indexes and benchmark 100 index at the Pakistan Stock Exchange (PSE), in Karachi, Pakistan, Monday, April 7, 2025. (AP Photo/Fareed Khan) (Fareed Khan/AP)
Stock market turmoil Employees in the trading room of Nordea Markets follow the stock market in Oslo, Norway, Monday, April 7, 2025. (Ole Berg-Rusten/NTB Scanpix via AP) (Ole Berg-Rusten/AP)