24-02-2026

Global Markets React to Tariff Threats and AI Fears

Date: 24-02-2026
Sources: cnbc.com: 7
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Summary

Global markets experienced a downturn as US President Donald Trump's renewed tariff threats and concerns about artificial intelligence disrupting various industries sparked investor anxiety. The US stock market fell, with the Dow Jones Industrial Average dropping 1.66% and the Nasdaq Composite declining 1.13%. Asian markets traded mixed, while European markets were expected to open flat to higher. Bitcoin's value also dropped by over 5% to below $63,000.

Key Points

  • US stock market fell due to renewed tariff threats and AI fears
  • Asian markets traded mixed, with China, South Korea, and Taiwan experiencing different outcomes
  • European markets expected to open flat to higher despite US tariff concerns
  • Bitcoin's value dropped by over 5% due to escalating tariff tensions and geopolitical risks
  • JPMorgan Chase CEO Jamie Dimon expressed anxiety over elevated asset prices and economic risks

Articles in this Cluster

Asia markets trade mixed after Trump revives tariff threat and AI fears hit techStock Chart Icon

Asia-Pacific markets traded mixed on Tuesday as investors reacted to renewed tariff threats from US President Donald Trump and concerns about artificial intelligence disrupting software companies. China's loan prime rate decision had a muted impact, while South Korea and Taiwan markets hit fresh records powered by a chip rally. The US stock market fell overnight, with the Dow Jones Industrial Average dropping 1.66% and the Nasdaq Composite declining 1.13%. Cybersecurity stocks were under pressure due to worries about new AI security tools potentially displacing traditional business models.
Entities: Donald Trump, Asia-Pacific, China, US, South KoreaTone: neutralSentiment: negativeIntent: inform

Bitcoin extends decline, falling over 5% to below $63,000Stock Chart Icon

Bitcoin's value dropped by over 5% to below $63,000 due to escalating tariff tensions and broader geopolitical risks. Analysts attribute the decline to 'tactical de-risking' rather than a structural exit from the cryptocurrency. The drop is part of a larger downturn that has seen Bitcoin lose 27% of its value so far this year and 50% since its peak in October last year. Experts point to Bitcoin's sensitivity to global liquidity conditions and trade policy as key factors in its volatility.
Entities: Bitcoin, Christopher Hamilton, Invesco, Donald Trump, IranTone: neutralSentiment: negativeIntent: inform

CNBC Daily Open: AI fears and tariff confusion spook U.S. markets

The article discusses the impact of AI fears and tariff confusion on US markets. US stocks fell on Monday due to concerns over AI's potential to disrupt the cybersecurity sector and uncertainty surrounding tariffs following a Supreme Court ruling that Trump's 'reciprocal' tariffs are illegal. The Dow Jones Industrial Average was particularly affected due to its heavy weighting in IBM, which plunged nearly 13.2% after Anthropic launched Claude Code Security. Meanwhile, FedEx sued the US government seeking a refund for tariffs imposed by Trump, and OpenAI entered multiyear partnerships with four consulting firms to deploy its enterprise platform.
Entities: Anthropic, Claude Code Security, IBM, CrowdStrike, Palo Alto NetworksTone: neutralSentiment: negativeIntent: inform

CNBC Daily Open: Unstable tariff situation and new AI disruption spark market sell-off

The article discusses the recent market sell-off triggered by the launch of Claude Code Security by Anthropic, which has raised concerns about the impact of AI on cybersecurity companies. The uncertainty around trade tariffs between the US and EU has also contributed to the market volatility. The European Union has put its trade deal with the US on hold following a Supreme Court ruling that Trump's 'reciprocal' tariffs are illegal. Despite the market downturn, Wall Street analysts suggest buying the dip, as they believe the reaction to AI's impact on cybersecurity might be overblown. The article also highlights other news, including FedEx suing the US government over tariffs, Panama annulling port contracts held by CK Hutchison, and Canva acquiring startups Cavalry and MangoAI.
Entities: Anthropic, Claude Code Security, CrowdStrike, Palo Alto Networks, CloudflareTone: neutralSentiment: negativeIntent: inform

European markets: Stoxx 600, FTSE, DAX, CAC, Trump tariffs latest

European stocks are expected to open flat to higher on Tuesday as investors assess the new global trading landscape after U.S. President Donald Trump's latest tariff move. The U.K.'s FTSE index is seen opening unchanged, while Germany's DAX and France's CAC 40 are expected to rise around 0.25%. European officials expressed concern over Trump's decision to introduce a new 15% global levy on imports to the U.S., signaling that it could pose a threat to its trade deals with the U.S. The European Parliament has paused work on ratifying the U.S.-EU trade deal agreed last summer. U.S. markets also reacted negatively to the tariff move, with equities tumbling on Monday. Trump continued to assert his ability to increase tariffs, warning of higher duties for countries that want to 'play games'.
Entities: Donald Trump, LONDON, U.K., FTSE index, GermanyTone: neutralSentiment: negativeIntent: inform

Jamie Dimon says 'watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’

JPMorgan Chase CEO Jamie Dimon expressed anxiety over the US economy due to elevated asset prices and a competitive banking environment reminiscent of the pre-2008 crisis. Despite economists praising the Trump administration's tax and deregulatory policies for boosting economic growth, Dimon warned that the economic cycle will inevitably turn, leading to borrower defaults that could broadly affect lenders and unexpected industries. He cited concerns over private credit lenders and loans to software companies amid AI worries, drawing parallels with the 2008 financial crisis. Dimon also addressed CEO succession at JPMorgan, stating he would remain CEO for a few years and possibly serve as executive chairman thereafter.
Entities: Jamie Dimon, JPMorgan Chase, US economy, Trump administration, 2008 financial crisisTone: negativeSentiment: negativeIntent: inform

Stock market today: Live updatesStock Chart Icon

The stock market experienced a rough day on Monday, with major averages falling due to renewed fears of artificial intelligence disruptions and tensions between the U.S. and Iran. The Dow Jones Industrial Average closed lower by nearly 822 points, or about 1.7%, while the Nasdaq Composite declined 1.1%. Stock futures were near flat on Monday night, with futures tied to the Dow Jones Industrial Average adding 45 points, or nearly 0.1%. Investors are awaiting key earnings results from Nvidia, Salesforce, and Snowflake later this week, which could be market-moving amid the current pullback in tech. Analysts are also watching a key event hosted by artificial intelligence firm Anthropic, which is expected to make new product announcements and demonstrate its latest features.
Entities: New York Stock Exchange (NYSE), New York City, U.S., Dow Jones Industrial Average, S&P 500Tone: neutralSentiment: negativeIntent: inform