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Stock Market Crash: Global Markets Drop on Tariff Concerns

DATE POSTED:February 3, 2025
Stock Market Crash

The post Stock Market Crash: Global Markets Drop on Tariff Concerns appeared first on Coinpedia Fintech News

Global markets plunged on Black Monday amid escalating trade tensions as U.S. tariffs on Canada, Mexico, and China spurred a worldwide sell-off. Asian indices led the decline with Taiwan’s Taiex down 4.4%, Japan’s Topix falling 2.3%, and Korea’s Kospi dropping 2.4%. In the U.S., the Nasdaq fell 2.5% as NVIDIA shares plunged over 6.5% to a low of $111.51. Analysts warn of further instability while China vows legal action for WTO violations. Investors brace for continued volatility amid rising fears.