The US stock markets witnessed a brutal crash, with the Dow Jones, Nasdaq, and S&P 500 experiencing their worst intraday losses in five years. Market expert Anil Singhvi believes this is just the beginning of extreme volatility, driven by Trump’s aggressive tariff war. Investors should brace for further shocks as global markets react.

On Thursday, the Dow Jones plummeted 1,700 points, hitting a seven-month low. The Nasdaq tumbled 1,050 points, marking its steepest fall in eight months. The S&P 500 recorded its worst single-day drop since 2020, with the Russell 2000 index officially entering a recessionary phase after a 6% decline.

The impact was not limited to equities. The dollar index fell to a six-month low, dipping below 102. Crude oil plunged 7%, breaching the $70 mark. Gold lost $30, trading near $3,135, while silver prices tumbled 8%, slipping below $32. Industrial metals, including copper and aluminum, also suffered significant declines, with aluminum hitting a seven-month low.

Former President Donald Trump, defending his tariff policy, downplayed the market carnage. He reassured investors that "everything is fine" and predicted a market rebound soon. However, traders remain skeptical, fearing prolonged instability due to rising inflation and slowing economic growth.

Zee Business Managing Editor Anil Singhvi has issued a strong warning about continued market turbulence. He believes the tariff war will impact the US economy more than expected, leading to further sell-offs. Key takeaways from his insights:

As traders digest Trump’s tariff policies, the threat of further declines looms large. With inflationary fears and slowing growth, the possibility of deeper corrections cannot be ruled out. Investors are advised to stay alert and hedge against volatility in the coming sessions.