US Markets Face Decline Amid Rising Bond Yields and Oil Price Drop

Futures contracts indicate a decline in the American markets, as bond yields rise and the dollar weakens against the euro. Specifically, under the shadow of the 104% tariffs announced by President Donald Trump against China on April 8, 2025, futures for the Dow Jones index dropped by 1.81%, the S&P 500 by 2.04%, and the Nasdaq by 2.12%. This comes just hours after significant declines were observed in the New York Stock Exchange following the announcement. Simultaneously, yields on U.S. Treasury bonds have surged by 0.16%, reaching 4.461%. This reverses previous positive trends, as yields had fallen to 4% earlier in April from 4.6% before Trump’s inauguration in late January 2025. Additionally, Bitcoin has seen a notable drop (-0.32%) to $76,496, while gold rose by 1.22% and silver by 0.2%. Notably, oil prices plummeted by 4.35%, reaching $57 per barrel, down from $71 on April 2, 2025, when Trump announced the tariffs, and $80 in mid-January 2025.