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US President Donald Trump signalled openness to negotiations regarding the announced reciprocal tariffs on Thursday, as US stock markets nosedived on tariff shocks. Wall Street experienced its worst session since the 2020 pandemic period.View on euronews

(Reuters) -Indian pharmaceutical stocks fell 4.4% on Friday, wiping out gains from the previous session, after U.S. President Donald Trump threatened steep tariffs on the sector. "Pharma (tariffs) is going to be starting to come in, I think, at a level that you haven't really seen before," Trump told reporters aboard Air Force One. "That will be announced in the near future, and is under review right now," Trump said.

World shares slid downward, U.S. futures fell and Wall Street appeared on track for another day of crushing losses Friday as investors counted the potential costs of U.S. President Donald Trump’s latest set of tariffs — including China's retaliatory match of a 34% tariff on imports of all U.S. products. Trump announced a minimum tariff of 10% on global imports and much higher taxes on products from China, the European Union and even smaller countries like Vietnam, slapped with tariffs of 49%.

It's been another day of pain in Asia with the Nikkei down 3% and a stomach-churning 9.6% for the week, the biggest drop since the pandemic hit in March 2020. Wall St futures started steady but have since slipped around 0.7% while European stock futures are off 0.3% to 0.6%.

Nike shares plunged Thursday amid concerns the Trump administration’s recently announced reciprocal tariffs could weigh on the company's profits. Monitor these key levels on the monthly chart.

Stocks plummeted Thursday in reaction to a widening global trade war. With few parallels in history, markets are wondering where things go from here.

NEW YORK (Reuters) -Global stock markets extended their recent rout on Friday, with S&P 500 companies wiping out $5 trillion in stock market value since U.S. President Donald Trump unveiled sweeping tariffs on Wednesday, while investors fled to the safety of government bonds. The Nasdaq confirmed it was in a bear market, ending more than 20% below its record high close, while oil prices and other commodities plunged. That $5-trillion loss marked a record two-day decline for the S&P 500 benchmark, exceeding a two-day loss of $3.3 trillion in March 2020 when the pandemic ripped across global markets, according to LSEG data compiled by Reuters.