Stock Market Crash Live Update, 7 April: The world woke up for a financial bloodshed as the on-the-ed markets took a large-scale dip, which wiped out trillion dollars amidst an intensive trade struggle between the US and China.
The senses crashed by around 3,000 points, and the Nifty fell below the critical 22,000 level, which eliminated millions of crores of investor money. Nikkei of Japan fell 7 percent, South Korea’s Kospi fell 5 percent, and Hong Kong’s Hong Seng crashed more than 10.5 percent.
European stock markets have declined, compared to 10 percent of Frankfurt as a global sales intensified on US President Donald Trump’s tariff.
Trump denied that he was deliberately selling one and stressed that he could not overcome the reactions of the market, saying that he would not make a deal with other countries until the trade deficit was resolved. “Sometimes you have to take medicine to fix something,” he said.