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Market Open: Markets Plummet on Trump Tariffs  | Thursday, April 3, 2025

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| April 3, 2025

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All eyes are on tariff reactions after yesterdays announcement from President Donald Trump causing escalating recession fears and markets to fall this morning

Market Numbers (Futures)

TSX : Down (3.1%) 24,522.67
TSXV: Up (0.79%) 631.15
DOW: Down (2.86%) 41,287.00
NASDAQ: Down (3.85%) 18,997.00
FTSE: Down (1.63%) 8,467.92

In the Headlines

A massive trade imbalance that rapidly funneled tens of billions of dollars’ worth of gold and silver into the U.S. came to a sudden stop after Wednesday’s announcement that precious metals would be exempt from Donald Trump’s sweeping tariffs.

Currencies Update: (Futures)

The Canadian dollar is on the rise this morning. Tacking on 0.91% to $.7159, down 1.14% to $.6325 against the Euro.
Bitcoin slides down 2.18% to $116,803.98

Commodities: (Futures)

Natural Gas: Up (1.53%), 4.122
WTI: Down (6.59%), 66.984
Gold: Down (1.56%), 3,085.188
Copper: Down (3.05%) 6.020

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