US shares closed significantly on Friday after a sustainable sale action amid the fall of the “Liberation Day” rate of President Donald Trump.
The average Dow Jones industry plummeted 2,230 points, or 5.5%, while S& P 500 falls 6%.
Nasdaq heavy technology dropped 5.8%. This decline places Nasdaq to the bear market area, which means the index has dropped more than 20% of its new peak.
The company that relies on supply chains abroad is among companies that continue to see falling stocks. Apple fell 6% and Amazon’s e-commerce company launched 2.5%.
Stocks fall for each called “Magnificent Seven,” a group of large technology companies that help encourage stock market profits in recent years.
Meta, a Facebook and Instagram parent company, dropped 4%. Nvidia chip maker slides 7%.
Tesla, the maker of an electric car led by Trump-PenDoLihat Elon Musk, decreased by 10%.
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, April 4, 2025.
Brendan McDermid/Reuters
On Friday, China said that it would impose 34% of US goods fares in response to levies issued by Trump earlier this week.
In social media posts a few hours later, Trump signaled a commitment to the tariff policy.
“For many investors who come to the United States and invest a large amount of money, my policy will never change,” Trump told social truth.
Trump then criticized China in a different social media post, saying, “China plays it wrong, they panicked – one thing they cannot do!”
The three major American stock markets were closed on Thursday, marking their worst day since June 2020 during Pandemi Covid-19.
Nasdaq dropped 6%, s& P 500 4.8% and Dow Jones Almost 4%
The global market gives an initial signal about the difficulties that will come on Friday. The Nikkei Japan index lost 3.5% on Friday, while the Japanese Topix index which was wider fell 4.45%.
A man checked his phone next to an electronic board showing the shares on the Heng Seng index in Hong Kong on April 3, 2025.
Peter Parks/AFP Via Getty Images
In South Korea, the Kospi Index fell 1.7%, with the country wrestling with Trump tariffs and the news that the South Korean Constitutional Court strengthened President Yoon Suk Yeol’s impeachment.
Indian investors joined sales on Friday, with a nifty 50 index and BSE Sensex both fell more than 1%. Indian stock markets previously performed better than others thanks to lower tariffs than competitors such as China, Indonesia and Vietnam.
Australia S.& P/ASX, meanwhile, continuing the slide to Friday with another 2% decrease carrying an index to the lowest 8 months.
In Europe too, the stock market fell at the opening. The British FTSE 100 index fell more than 1%, Dax Germany fell 0.75%, CAC France lost 0.9%and IBEX Spain fell 1.4%.
The announcement of Trump Wednesday tariffs on almost all American trading partners sent us and foreign markets into Tailspin.
ABC News’ Leah Sarnoff, Max Zahn, Victor Ordoñez and Zunaira Zaki contributed to this report.