Wall Street is bleeding .. The markets are falling

In a scene that expresses an unprecedented turmoil, the Wall Street Stock Exchange opened its dealings today, in a sharp decline, amid the escalation of global concerns about the economic repercussions of the customs duties war launched by US President Donald Trump.

The Dow Jones Industrial Index incurred heavy losses, registering a decrease of about 1200 points at the start of trading, or 3.4%, to break the barrier of 37 thousand points, according to Reuters.

As for the NASDAC index, which includes the major technology companies, it decreased by approximately 4%, while the S& P 500 index is close to entering the “descending market” stage, after it decreased by 20% from its highest levels.

The collective decline in American stock indicators comes as a reflection of an increasingly global anxiety about the impact of Trump’s commercial decisions, which sparked a large wave of sale in the market, and ignited a state of anticipation and panic among investors.