Dow futures lost 963 points, or 2.3%. S&P 500 futures dropped 3.4% and Nasdaq-100 futures lost 4.2% after US President Donald Trump unleashed tariffs on imported goods. The yield on the US benchmark 10-year bonds rose to over 4.1% signalling a fear of another spike in US inflation due to the duties, and a further slump in an already sluggish economy, which could tumble towards a recession, according to many experts. Scroll down for the latest reactions.
