The Dow, S&P 500 and Nasdaq are under pressure for a second day as global investors sell equities in response to President Trump’s sweeping tariffs against the majority of U.S. trading partners, including China who is retaliating.

U.S. stocks open sharply lower again after China hit back with its own tariff to match Trump's. Dow sheds 1,100 points and Nasdaq enters bear market.

Futures are pointing to another day of heavy losses for U.S. stocks on Friday as fears grow that a deepening global trade war will cut into corporate profits and stall economic growth.

US markets opened Friday with a drop, coming off the S&P 500's worst day since 2020 and following China's move to match President Trump’s big raise in tariffs.

Stocks slid to their lowest levels in several months, as the Dow and S&P hit their lowest intraday prices since August and the Nasdaq touched its cheapest level s

US equity futures are pointing towards more pain ahead on Wall Street after Thursday's rout wiped out over $2.5 trillion in market capitalisation. The Dow futures are currently trading 420 points lower,

The pain continued for global markets on Friday, as the S&P 500 and Dow Jones joined the FTSE 100 in the red. The FTSE 100’s downturn deepened following China’s announcement of 34 per cent retaliatory tariffs against the US.

Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.

The Dow Jones index is set to drop 10% from its most recent peak, the usual definition of a market correction. It’s expected to drop more than 1300 points at the open, according to FactSet. The S&P 500 has already surpassed that mark.