US Futures Plunge On Tariff Fallout, Stir 'Great Depression-Style' Fears; Bitcoin, Ethereum, XRP, And Dogecoin Nosedive, Wiping Out $1.42 Billion In Liquidations; Tesla's Cybertruck Faces Brutal Backlash—Experts Call It Costly Misstep – Top Headlines While the U.S. Slept

Benzinga
2025.04.07 14:07
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US stock futures plummeted following a massive selloff triggered by tariffs, with experts warning of a potential 'Great Depression-like' scenario. The Dow dropped over 2,200 points, while major tech stocks like Apple and Tesla faced significant losses. Cryptocurrencies also suffered, with Bitcoin and Ethereum seeing substantial declines, resulting in $1.42 billion in liquidations. Analysts predict a rising risk of recession, with Goldman Sachs estimating a 45% chance. The market turmoil has raised concerns about the impact of Trump's tariff policies on the US economy and global markets.

US Markets

  • US Stock Futures Drop Following Massive Tariff-Induced Selloff: Experts Warn Of A Brewing ‘Great Depression-Like’ Pattern
  • Dow Nosedives Over 2,200 Points As Apple, Tesla, Nvidia Plummet: Investor Sentiment Dips Further, Greed Index Remains In ‘Extreme Fear’ Zone
  • S&P 500, Dow Jones On Course To Mimic Rare Consecutive Losses Not Seen Since The Great Depression: What’s Driving the Fear?
  • Japan’s Nikkei Futures Halted, Hang Seng Crashes 8.8% As Global Market Rout Accelerates On Tariff Shock — Analyst Says Trump’s iPhone ‘Only Real Circuit Breaker
  • Stock Futures Tank, Dow Sheds Over 1000 Points As White House Remains Firm On Tariffs: Trump Says, ‘Sometimes You Have To Take Medicine’

Crypto

  • Bitcoin, Ethereum, XRP, Dogecoin Obliterate $1.42 Billion In Liquidations, Plummet Up To 16%
  • Trump’s Second Term Hasn’t Been Favorable To The Crypto Market, But This Large-Cap Coin Holds Steady
  • XRP Futures Traders Bullish On Coin’s Price Increase Despite A 20% Fall — Analyst Terms Decline As ‘Small Speed Bump’
  • Bitcoin Could Test $70K Amid Fears Of ‘Black Monday’ Panic, Says Analyst Van de Poppe, As Global Markets Slide On Trump Tariff Shock
  • Fartcoin Returns Over 8% In A Week Marked By Dogecoin, Ethereum Bloodbath
  • Odds Of 2025 Recession Soar Above 60% On Crypto-Based Polymarket As Tariff Fears Pummel Markets, Bettors Root For Emergency Rate Cut
  • Bitcoin Plunges Below $80,000, Ethereum, Dogecoin Crash As Cryptocurrencies Mirror Stocks Amid Trump Tariff Mayhem: Analyst Flags ‘Critical Support Level’ For BTC

US Politics

  • Trump Tariffs Could Cost American Families $3,800 More Per Year — But President Says They’re ‘Bringing Tens Of Billions Of Dollars Into The US’
  • A Beautiful Word’: Why Trump Insists On Tariffs As Essential In His Bid To Save American Manufacturing
  • Trump Advisor Navarro Hits Back At Elon Musk’s Tariff Criticism: ‘Just Looking Out For His Own Interests’
  • Trump White House Says Over 50 Nations Ready To Come To The Table On Tariffs

World Politics

  • Trump Tariff Will ‘Spell Trouble For All Nations,’ Says Singapore’s PM — Despite Country Facing One Of The Lowest Tariffs In Southeast Asia
  • Trump’s Tariff Worries? Ross Gerber Points Out Ordering EU Goods Under $800 Still Keeps You Tax-Free

US Economy

  • US Recession ‘Countdown’ Has Begun As Trump Tariffs Push Odds To 45%, Goldman Sachs Warns
  • Jamie Dimon, Once A Tariff Supporter, Warns Trump’s New Policy Could Stall US Growth, Stoke Inflation: ‘The Quicker The Issue Is Resolved, The Better’
  • Goldman Sachs Raises Risk Of Recession to 45%: Jefferies Calls Tariffs a ‘Free Hall Pass’ For Tech Giants To Reset Their Goals
  • Tariffs Threaten To End Era Of Cheap Clothing — Apparel Industry Faces Major Price Shock Under Trump Policy
  • BlackRock CEO Larry Fink Warns US Manufacturing Revival Faces Labor, Immigration Hurdles
  • Lack Of ‘Trump Put’ Could Drive Market Lower ‘Very Quickly,’ Says Expert, As Fed Chair Jerome Powell Stands Ground On Rate Cuts

World Economy

  • Global Markets See Worst Drop Since 1997 Mimicking Black Monday Like Crash, Crude Oil Tumbles

Tech

  • Broadcom, Analog Devices Could Slide ~10%, Analyst Warns, But A Bottom Could Be Near
  • Gilat Wins Defense Support Deal Worth Up To $23 Million For Global SATCOM Services
  • Taiwan Semiconductor Stock Tumbles As Tariff Fears Spark Global Tech Selloff
  • Tesla, Nvidia, Apple And Other ‘Magnificent 7’ Peers Tank In Monday Premarket: What’s Going On?
  • Apple, Facebook, And Google Become Bargaining Chips In US Trade War: EU Threatens Retaliation, UK Offers Tax Relief For Lower Tariffs
  • Ming-Chi Kuo Warns Semiconductor Stocks Face Near-Term Risks Under Trump Tariff Policy: Even Apple’s $500 Billion US Investment Didn’t Buy It Leniency
  • Trump’s ‘Reciprocal’ Tariff Threat Wipes Out Nearly $1.8 Trillion From Magnificent 7, Dan Ives Warns It Could Set US Tech Back A Decade: ‘Investors Know Math And The Sad Reality’
  • Mark Zuckerberg’s Meta Unveils Latest Llama 4 AI Models To Challenge OpenAI’s ChatGPT 4 And Google’s Gemini
  • Howard Lutnick Says Army Of Millions Will Build iPhones In The US, But Could Trump’s Tariffs Make The Premium Apple Flagship Cost $2,300?
  • Warren Buffett’s Berkshire Hathaway Unfazed By Trump Tariff-Triggered Market Selloff: Shares Up 9.41% YTD, Adding $87.81 Billion In Investor Wealth In 2025

Electric Vehicle

  • Nio Stock Is Moving Lower Monday: What’s Going On?
  • Is Tesla Cybertruck The Biggest Automotive Blunder In Decades After Ford’s Edsel? ‘It’s A Huge Swing And A Huge Miss,’ Says Expert
  • Dan Ives Cuts Tesla Target To $315, Slashes Apple By 23% Amid Tariff Fallout, Warns Elon Musk-Led EV Maker Faces ‘Darker Days’ Ahead

Consumer

  • RPM Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Communication

  • Netflix Seen As Safe Bet Amid Market Volatility, Says Analyst: Strong Value, Digital Model Make It Recession-Ready
  • EU Reportedly Set To Fine Elon Musk’s Social Media Platform Over $1 Billion For Violating New Digital Act: X Calls It ‘An Unprecedented Act Of Political Censorship’

Industrial

  • Regional Airline Shakeup: Republic, Mesa To Merge In All-Stock Deal; Stock Soars
  • Top 3 Defensive Stocks That Are Preparing To Pump This Month

Financial

  • ‘Bond King’ Jeff Gundlach Says Fed Rate Is ‘Too High’ By 75 Bps, But Warns Cuts Unlikely Without Sharper Risk Asset Losses
  • Peter Schiff Warns Against Taking Investment Advice From Trumps As ETH Crashes 45% Since Eric Trump’s Push

General

  • ‘I Do Better In Bad Markets’: Trump’s 2012 Comments Gain Steam As Tariff ‘Medicine’ Wrecks Global Stocks And Sparks Fears Of Deliberate Economic Fallout
  • Bill Ackman Blames Market Collapse On Tariff Timing, Says Trump Advisor ‘Should Be Fired Now:’ Predicts ‘A Lot More Than 5%’ Dip
  • Chamath Palihapitiya Warns Fed And Trump May No Longer Rescue Markets As Bottom 50% Of Americans Have ‘Zero Interest’ In Stocks
  • Bill Ackman Warns Against Launching ‘Economic Nuclear War,’ Wants A 90-Day Time Out On Trump Tariffs

Energy

  • Shell Lowers Q1 Production Outlook, Flags Write-Offs And Maintenance
  • Barrick Gold Proposes Name Change, Targets 30% Production Growth By 2030

Photo by Skorzewiak via Shutterstock