Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

madaboutharry

(41,801 posts)
Wed Apr 2, 2025, 04:45 PM Wednesday

Stock Futures went into the red within minutes.

I think he timed the announcement for the end of the trading day so the news shows wouldn't show a ticker while he was talking.

I think things will be very, very bad tomorrow.

Edit: At 4:54 est the NASDAQ is down -502.25

15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Stock Futures went into the red within minutes. (Original Post) madaboutharry Wednesday OP
100% agree obamanut2012 Wednesday #1
Headline: "Stock futures tumble as Trump unveils higher tariffs than expected." . . . nt Bernardo de La Paz Wednesday #2
tRump just threatened to ban stock futures from all government contracts if they don't go up ImNotGod Wednesday #3
Everything King Kraznov (R-Felon) touches turns to Krap BoRaGard Wednesday #4
Dow down 155 (0.44%) Disaffected Wednesday #5
In after-market trading? Mike 03 Wednesday #7
Yes, at the time of posting. Disaffected Wednesday #8
Off almost 1,000 now, about 2.5%. W_HAMILTON Wednesday #11
Yep. Mike 03 Wednesday #6
6:30 pm.... madaboutharry Wednesday #9
I hate to sound like a conspiracy theorist..... COL Mustard Wednesday #12
No. tRump likes stock market. He is actively trying to drive down the US DOLLAR, not the markets Bernardo de La Paz Wednesday #15
Dow is down over 1,000 right now. beaglelover Wednesday #10
Blood in the street.... There will be a cascading effect. ashredux Wednesday #13
Isolaationism orangecrush Wednesday #14

BoRaGard

(4,721 posts)
4. Everything King Kraznov (R-Felon) touches turns to Krap
Wed Apr 2, 2025, 04:54 PM
Wednesday

Midas had a thing with gold, republicon Krasnov has it with krap.

Mike 03

(18,323 posts)
7. In after-market trading?
Wed Apr 2, 2025, 05:19 PM
Wednesday

Bloomberg is reporting that the markets reversed -1% in after-markets trading during the speech. Their analysts think it is because there will be no carve-outs or exemptions.

Unless they've reversed again, I think Bloomberg is probably right.

Disaffected

(5,482 posts)
8. Yes, at the time of posting.
Wed Apr 2, 2025, 06:12 PM
Wednesday

Off 206 now, about 0.5%

I guess Bloomberg's guessing is about as good as anyone's (with Trump involved, guessing is about all you can hope for).

W_HAMILTON

(8,837 posts)
11. Off almost 1,000 now, about 2.5%.
Wed Apr 2, 2025, 07:06 PM
Wednesday
https://www.cnbc.com/2025/04/02/stock-market-today-live-updates-trump-tariffs.html

Note: these are not guesses -- they are based on actual trading that has already occurred and will be reported once the DJIA opens tomorrow.

Mike 03

(18,323 posts)
6. Yep.
Wed Apr 2, 2025, 05:16 PM
Wednesday

It will be interesting (but not necessarily predictive) to watch Asian and European markets overnight.

madaboutharry

(41,801 posts)
9. 6:30 pm....
Wed Apr 2, 2025, 06:35 PM
Wednesday

Dow Futures
41,368.00
- 1,124.00
2.65%

S&P 500 Futures
5,488.50
- 223.75
3.92%


NASDAQ Futures
18,826.50
- 931.50
4.71%

Maybe this is on purpose.

COL Mustard

(7,314 posts)
12. I hate to sound like a conspiracy theorist.....
Wed Apr 2, 2025, 07:27 PM
Wednesday

But it seems like the administration is deliberately trying to drive down prices. The stock market will tank tomorrow because of these tariffs, residential real estate will likely decline because of the mass layoffs of Civil Service employees, farms will be put in danger because of the reciprocal tariffs and the cancellation of USAID contracts, etc. The idea seems to be to drive down values across the economy. The question is who will benefit from the reduced prices? I'm sure it won't be Joe or Jane Doe.

Bernardo de La Paz

(53,892 posts)
15. No. tRump likes stock market. He is actively trying to drive down the US DOLLAR, not the markets
Wed Apr 2, 2025, 07:47 PM
Wednesday

But driving down the Dollar makes US markets less attractive which means foreign money gets pulled out and new foreign money is withheld. That also applies to other investments like real estate, housing, manufacturing plants, etc.
Latest Discussions»General Discussion»Stock Futures went into t...