Global stock market crash spanning April 2–10, 2025, triggered by the U.S. "Liberation Day" announcement of sweeping import tariffs; it resulted in over $6.6 trillion in global market value losses and was nicknamed 'Orange Monday'.

Stock_Market_April_5_2025_3_Months.png
2025 april 02 reciprocal tariffs list 2
Starting on April 2, 2025, global stock markets crashed amid increased volatility following the introduction of new tariff policies by U.S. president Donald Trump during his second term. On April 2, which … Wikipedia
Factsheet
Date April 2, 2025 – April 10, 2025
(1 week and 1 day)
Cause 2025 US trade wars
2025 Trump tariffs
Increased forecast of recession
Factsheet
Date April 2, 2025 – April 10, 2025
(1 week and 1 day)
Cause 2025 US trade wars
2025 Trump tariffs
Increased forecast of recession
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Wikipedia
en.wikipedia.org › wiki › 2025_stock_market_crash
2025 stock market crash - Wikipedia
November 11, 2025 - The S&P 500 recovered from the crash on June 27, 2025, closing at 6,173.07, above its closing high on February 19. Following "Liberation Day", after the US stock market lost significant value, President Donald Trump said on April 3 regarding his tariffs that events were "going very well", as the "markets are going to boom, the stock is going to boom, the country is going to boom".
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Forbes
forbes.com › forbes homepage › forbes digital assets
The Big Market Crash Of 2025 Is Underway
April 4, 2025 - Here is the chart from my article March 20 compared with the chart today: This is what I predicted a few weeks ago, and look what happened todayCredit: ADVFN · As I write, it’s another 2% down in the pre-market.
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U.S. News
money.usnews.com › home › investing
Will the Stock Market Crash in 2025? 4 Risk Factors | Investing | U.S. News
October 27, 2025 - Related: Sign up for stock news with our Invested newsletter. Even with consumer confidence at a five-month low in October, as measured by the University of Michigan consumer sentiment survey, no one is guaranteeing a crash before the end of 2025 or even in 2026. But a significant correction could be in play, as high market valuations, potentially slower holiday spending and rising odds of an AI-fueled technology bubble could put stocks in jeopardy sooner rather than later.
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MoneySense
moneysense.ca › home › articles › is the stock market going to crash in 2025?
Is the stock market going to crash in 2025? - MoneySense
May 26, 2025 - A widespread loss of confidence from investors, who pull their money out of the markets, that exacerbates the downward momentum. ... Turning to 2025, one could argue that stocks are overvalued and that we’ve seen a shock in the form of very high tariffs imposed or, at least, threatened by the United States on its major trading partners.
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Elm Wealth
elmwealth.com › stock-market-crash
How Likely is a Stock Market Crash?
JavaScript is disabled in your browser · Please enable JavaScript to proceed · A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser
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Yahoo! Finance
finance.yahoo.com › news › stock-market-crash-again-2025-084700780.html
Will the Stock Market Crash Again in 2025? Here's What History Shows.
April 21, 2025 - Earlier this month, the Nasdaq Composite Index (NASDAQINDEX: ^IXIC), the S&P 500 (SNPINDEX: ^GSPC), and the Dow Jones Industrial Average (DJINDICES: ^DJI) fell more in one day than they had in years. Will the stock market crash again in 2025? There isn't a hard-and-fast definition of exactly ...
Find elsewhere
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Morningstar
morningstar.com › economy › what-weve-learned-150-years-stock-market-crashes
Stock Market Crashes: A Look at 150 Years of Bear Markets | Morningstar
December 2, 2025 - Yet even with those blips along the way, $100 invested at the beginning of the new millennium would be worth more than $300 as of September 2025. If that $100 had been invested back in 1870, it would be worth $3,415,200 today. Get more insights on how to tune out the noise during a volatile market. So, what does this history tell us about navigating volatile markets? Mainly, that they’re worth navigating. The stock market recovered after its stressful period in 2022—just as it did after a 79% decline in the early 1930s. And that’s the point: Market crashes always feel scary when they happen, but there’s no way to know in the moment whether you’re encountering a minor correction or looking down the barrel of the next Great Depression.
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Yahoo! Finance
finance.yahoo.com › news › asked-grok-whether-stock-market-221512611.html
I Asked Grok Whether the Stock Market Will Go Down in 2025: Here’s What It Said
September 6, 2025 - Thus far, 2025 has been a year of considerable stock market whiplash, with the S&P 500 sinking 10% in two days in early April on the heels of President Donald Trump’s tariff announcements, only to reach one of its best days in history a few ...
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The Motley Fool
fool.com › investing › 2025 › 12 › 27 › is-stock-market-crash-in-2026-2-history-flawless
Is the Stock Market Going to Crash in 2026? 2 Historically Flawless Indicators Paint a Clear Picture. | The Motley Fool
2 weeks ago - Following the previous five occurrences, the Dow Jones Industrial Average, S&P 500, and/or Nasdaq Composite went on to lose 20% to 89% of their respective value. Although the Shiller P/E Ratio doesn't help determine when the music will stop ...
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The New Republic
newrepublic.com › article › 202152 › trump-stock-market-crash-2025
Looking Back on the Trump Stock Market Crash of 2025 | The New Republic
October 23, 2025 - An October 2025 Bank of America survey of global fund managers found that 54 percent of them thought tech stocks overpriced. Even Chat GPT acknowledged the AI bubble. Another obvious parallel to the Great Depression was President Donald Trump’s ...
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Business Insider
businessinsider.com › business insider › markets › investing › brace for a swift 20% drop in the s&p 500 if recession strikes in 2026, wall street forecaster says
Stocks Could See Fast 20% Drop If Recession Hits in 2026, Stifel Says - Business Insider
1 month ago - The median pullback in stocks during recessionary periods since World War II has been 20%, while the average drop has been 23%, the bank said. "P/E doesn't matter…until it's the only thing that matters, and S&P 500 is expensive," Bannister said.
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The Globe and Mail
theglobeandmail.com › globe investor › markets data › inside the market › wall street isn’t nervous about the markets. but you still should be
Wall Street isn’t nervous about the markets. But you still should be - The Globe and Mail
2 weeks ago - History suggests that major market declines are rare events. Even when stock market valuations are as high as they are now, the historical probability of a market crash in any given year ticks up to only about 10 per cent.
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Yahoo! Finance
finance.yahoo.com › news › stock-market-crash-2025-watch-120000010.html
Will the stock market crash in 2025? Watch these 3 key indicators carefully
August 29, 2025 - So following a strong run-up in 2025 — and robust runs of greater than 20 percent gains in both 2023 and 2024 — are stocks poised for a crash in 2025?
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The Economist
economist.com › finance & economics › november 8th 2025 edition
Why Wall Street won’t see the next crash coming
November 2, 2025 - David Solomon, Mr Dimon’s opposite number at Goldman Sachs, talks of “investor exuberance”; Jane Fraser, Citigroup’s boss, of “valuation frothiness”. The Bank of England recently cautioned that “the risk of a sharp market correction has increased.” The IMF worries about a “disorderly” one, since “risk asset prices are well above fundamentals”.
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Share Talk
share-talk.com › stock-market-crash-the-1929-warning-that-looks-like-2026-2
Stock Market Crash: The 1929 Warning That Looks Like 2026 - Share Talk
2 weeks ago - Because the derivatives market is enormous in notional value, a counterparty fail can cascade in ways that are difficult to model. When stages one to four are flashing red, the trigger typically arrives within a one to two year window. That means the probability of a Stock Market Crash in 2025 or 2026 is materially elevated relative to normal times.
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The Motley Fool
fool.com › investing › 2025 › 12 › 21 › is-the-stock-market-going-to-crash-in-2026-history
Is the Stock Market Going to Crash in 2026? History Suggests There's Good and Bad News | The Motley Fool
3 weeks ago - In 2001, Warren Buffett told Fortune ... "For me, the message of the chart is this: If the percentage relationship falls to the 70% or 80% area, buying stocks is likely to work very well for you," he explained....
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Goldman Sachs
goldmansachs.com › insights › articles › the-new-york-times-how-to-know-when-a-world-event-could-shock-the-market
How to Know When a World Event Could Shock the Market | Goldman Sachs
August 4, 2025 - Close behind, albeit with a much faster recovery, were President Trump’s global tariffs in April and the US-China trade negotiations in 2025. Shocks like these shift the flow of goods around the world and pose difficult trade-offs for central bankers and governments. More than anything, structural uncertainty rattles markets. After the World Health Organization declared Covid a pandemic, people everywhere stared into the unknown, spurring the biggest single-day loss for the S&P 500 since the 1987 crash.
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Reddit
reddit.com › r/bogleheads › how did the 2025 s&p 500 predictions pan out?
r/Bogleheads on Reddit: How did the 2025 S&P 500 predictions pan out?
1 week ago -

Actually, not too bad. Most were too conservative. A couple were too exuberant. Some bounced from one extreme to the other. Bottom line: don't pay too much attention to predictions. While we didn't have an ongoing Black Swan event in 2025, there's always that possibility. With the economic statistics turned out by the Federal Govt becoming politicized, we need to be extra cautious moving forward.

For your reading pleasure, predictions for the end of 2025 from a year ago.

Kiplinger January 2025 magazine Predictions

S&P500 between 6300 and 6600 [6846]

GDP increase of 2.3% [TBD, ~2.0%]

Inflation 2.4% [2.7%]

12/31/2024 S&P 500 = 5882

12/31/2025 S&P 500 = 6846

S&P 500 forecasts for end of 2025

Bank of America 6666; July 6300

Barclays 6600; July 6050

BMO Capital Markets 6700

Citi 6500; July 6300

Deutsche Bank 7000; 6150; 6550 June

Evercorse ISI 6800; July 5600

Fundstrat 6600

Goldman Sachs 6500; March 6200; July 6600

HSBC 6700; July 5600

JP Morgan 6500; July 6000

Morgan Stanley 6500

Oppenheimer 7100; July 5950; July 7100

RBC Capital Markets 6600; March 6200; July 6250

Stifel 5500

UBS 6400

Wells Fargo 7007

Yardeni Research 7000; March 6400; July 6500