US stock futures are pointing at a sharp decline on Thursday after President Trump announced a 10% tariff on all US trading partners, triggering widespread market uncertainty and shaking the global trade landscape.

Confusion and panic arise when the stock market falls quickly. Get expert advice on the best moves for investors right now.

Indian stock market opened lower, tracking Asian peers, after the US President Donald Trump announced sweeping reciprocal tariffs on over 180 countries. Sensex and Nifty 50 lost 0.50% in early trade.

Brokerage stocks are among the hardest-hit in today’s selloff. Robinhood stock sank more than 10% in Monday morning trading, while shares of Interactive Brokers tumbled 8%. Charles Schwab stock fell 4.

Stock futures plunged Thursday as market participants digested the highly anticipated announcement by President Donald Trump late yesterday of new tariffs against nearly all U.S. trading partners.

Currency markets move widely as President Trump starts to reveal details of his tariff plans. Trump announces a baseline tariff of 10% and a 25% tariff on all foreign-made automobiles, taking effect at midnight. He also talks about reciprocal tariffs, including 34% on China and 20% on the E.U. ICE's

But April and May will shed some much-needed light on the market, giving investors clarity about whether stocks will recover quickly or whether there's further to fall.