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Euronews
Euronews
Piero Cingari

Wall Street sinks into bear market as Trump tariffs spark global rout

A massive wave of risk aversion extended across global markets on Monday, with US equities plunging into bear territory and European counterparts echoing the sell-off, as fresh tariffs imposed by President Donald Trump rattled investor confidence. 

The S&P 500 futures index fell below the key 5,000-point threshold during mid-morning trading in Europe, marking a decline of more than 20% from its February 2025 peak.  

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