Along with America, the stock markets of Europe, Asia Pacific and other countries fell by high points, Japan's Nikkei 2644 (7.83 percent), Hong Kong's Hengseng 3021 (13.22 percent) and India's Sensex fell by 2226 points (2.95 percent) on the same day.
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After US President Donald Trump took office, there has been a stir in the global financial markets. Global stock markets have tumbled as Trump's decision to freeze subsidies has roiled the global economy and imposed high tariffs on key trading partners.
Trump last week announced higher tariffs on all foreign goods entering the US. Trump said that the United States has imposed tariffs on about 60 countries that are about 50 percent of the tariffs they impose on American products. The 10 percent duty is said to be applicable from April 5 and other charges from April 9. These decisions have shaken the world economy, the direct impact of which has been seen in the stock market along with world trade, according to the international media.
The main indicators of the American stock market on Wall Street fell on Monday with higher points. According to international media, the S&P 500 index, which is dominated by companies in the financial and service sectors, dropped 183.48 points (3.61 percent) and the Nasdaq Composite, which lists information technology and biotechnology companies, dropped 566.21 points (3.63 percent).
On a monthly basis, the S&P 500 index fell by 15.23 percent and the Nasdaq by 19.45. Annually also these indicators are negative with high marks. For the year, the Nasdaq was down 6.52 percent and the S&P 500 was down 6.67 percent. Likewise, the Dow Jones Industrial Average, a combined index of 30 companies, fell by 1148 points (3 percent) on Monday. It has declined by 13.17% month-on-month and 4.47% year-on-year. The combined index of the New York Stock Exchange also fell by 798 points (4.53 percent) and the combined index of S&P by 824 points (3.56 percent). On a monthly basis, New York stocks fell 14.06 percent and the S&P composite fell 9.65 percent, according to Bloomberg. Year-to-date, New York stocks are negative by 7.19 percent, while the S&P is positive by 0.47 percent.
According to international media, European stock markets have been greatly affected by Trump's latest decisions. According to which, on Monday, the "CAC 40" index in Paris decreased by 322.59 points (4.43 percent). The DAX index in Frankfurt fell by 864.95 points (4.14 percent). On a monthly basis, DAX fell by 13.71% and CAC 40 by 14.17%. But on an annual basis, the DAX index is positive by 7.45 percent and the CAC 40 is negative by 13.74 percent.
London-based Footsy 100 also fell by 309.42 points (3.84 percent). On a monthly basis, this indicator has become negative by 10.76% and annually by 2.75%. The stock markets of Britain, Denmark, Poland, France, Turkey, Bahrain, UAE and other countries also fell by high numbers.
The stock markets of the Asia Pacific region have all closed down with higher points due to the recent decision of President Trump. Major stock markets in the region closed lower on a daily and monthly basis and were partially affected on an annual basis. On Monday, Japan's Nikkei closed down 2,644 points or 7.83 percent. According to Bloomberg, this indicator decreased by 15.59 percent monthly and 20.87 percent annually.
Tokyo Stock Exchange's price index Topix also decreased by 193.40 points or 7.79 percent. Monthly this indicator is negative by 15.50 and yearly by 15.32 percent. Australia's main stock market S&P - ASX 200 fell by around 324.59 points (4.23 percent). This index has decreased by 7.61 percent monthly and has decreased by 5.72 percent annually.
MSCI Asia Pacific, a composite index of stocks in 15 countries in the Pacific region, closed down by 4 points (2.23 percent). Monthly this indicator is negative by 5.17 percent while yearly is positive by 1.73 percent.
US President Trump's decision has also affected the stock market of China and Hong Kong, according to the media. China's Shanghai Composite closed down 245 points (7.34 percent) on Monday. This indicator is negative at 8.18 percent monthly and positive at 0.89 percent annually. Hong Kong's Hengseng Index closed down 3021.51 points (13.22 percent). On Monday, the main stock markets of countries including China, Hong Kong, and South Korea closed down with higher numbers. Indian stock markets also fell sharply on Monday. India's Bombay Stock Exchange (BSE 100) closed down 765 points (3.20 percent). It closed in the negative by 1.46 percent monthly and 1.60 percent annually.
The Sensex closed down 2226.79 points (2.95 percent). This indicator has decreased by 1.61 percent monthly and 2.15 percent annually. On Monday, Nifty 50 closed at 3.24, Bombay Stock Exchange (BSE 200) at 3.24 and Bombay Stock Exchange (BSE 500) at 3.29 percent.
