Xin Lang Cai Jing·2025-04-04 12:09Group 1: Market Reaction - The U.S. stock market experienced a significant decline following the announcement of the "reciprocal tariffs" by President Trump, with all three major indices hitting their largest single-day drops in five years [2][4] - The Dow Index fell by 1,679.39 points, a decrease of 3.98%, marking its largest single-day drop since June 2020 [3][4] - The S&P 500 Index dropped by 1,050.44 points, down 4.84%, also the largest single-day decline since June 2020 [3][4] - The NASDAQ Index saw a decline of 5.97%, the largest drop since March 2020 [3][4] - Approximately $3.1 trillion in market value was wiped out in a single day, the largest loss since March 2020 [5] Group 2: Individual Stock Performance - Major companies faced severe stock price declines, with Apple Inc. down 9.25%, Meta Platforms Inc. down 8.96%, and Nike Inc. down 14.44% [6] - NVIDIA Corp. saw a decrease of 7.81%, while Tesla Inc. dropped by 5.47% [6] Group 3: Commodity Market Impact - Oil prices fell sharply, with WTI crude oil futures dropping over 7%, reaching their lowest level in three years [7] - Gold prices also experienced a decline, with COMEX gold down 0.89% on April 3, although it later recovered slightly [10] - Silver prices saw a significant drop of 7.86% on the same day [10] Group 4: European Market Response - European stock markets reacted negatively, with the FTSE 100 Index down over 1.5%, the CAC Index down over 3.3%, and the DAX Index down over 3% [10] - The European Union plans to implement countermeasures against the U.S. tariffs, with a vote scheduled for April 9 regarding a 25% tariff on steel and aluminum [12]