Nasdaq futures crash 4%, Dow dives 1,000 points amid trade war

Wall Street is set to extend its crash on what could be called the next Black Monday as concerns over the tariffs imposed by United States President Donald Trump continue to affect markets around the world, index futures showed.

The Nasdaq 100 futures nosedived 4.27% at 1:50 am ET, the Dow Jones futures slumped 2.75% or 1,000 points and the S&P 500 futures plummeted 3.44% at the same time.

The euro gained 0.50% against the dollar to sell for 1.10209 at 2:02 am ET.

NN: trump calls this medicine temporary in nature. I call this a bear market and the start of a great depression