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

Finance, Market News, Market Summary
03 April 2025 10:00 (EST)
ai generated stock market image on a scale for tariffs

(Stock image generated with AI.)

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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