U.S. stock futures tumbled Sunday evening, amplifying fears of a disorderly market open and fueling speculation of a potential “Black Monday”-style selloff as sentiment collapsed across equities and crypto.
S&P 500 futures dropped 5.98% by 10 p.m. ET, while Nasdaq 100 futures slid 6.2%. Dow futures were down 5.5%. The moves followed weeks of mounting trade tensions and macro uncertainty, with investors offloading risk across all asset classes.
Jim Cramer, host of CNBC’s Mad Money, referenced the historical parallel in a post Saturday, writing: “Surprised we can’t get a short cover rally in case President Trump realizes that a Black Monday may not burnish a legacy.”
Asian markets reflected the deepening risk-off mood, with…
Apr 16 2025
