European stock markets and U.S. stock index futures all plummeted, technology stocks and chip stocks declined before the market opened, SanDisk fell nearly 5%, cryptocurrencies tumbled, and oil prices surged 8%.

Influenced by Trump’s remarks, the global markets were hit again on April 2nd, with Asia-Pacific stocks plunging sharply, and major European stock indices continuing to decline after opening. As of 6:00 PM, the European Stoxx 50 index fell by 1.72%, the UK FTSE 100 index narrowed its decline after initially dropping nearly 1%, the French CAC 40 index declined by 1.32%, and the German DAX 30 index fell by 1.78%.

The three major U.S. stock index futures all tumbled before the market opened, with Dow Jones futures down nearly 1%, a decline of 427 points, Nasdaq futures down 1.35%, a drop of 325 points, and S&P 500 futures down over 1%.

Large tech stocks declined before the market opened, with Tesla and Nvidia down 2%, Meta, Amazon, and Google A down over 1%, Microsoft down 0.9%, and Apple down 0.7%.

Storage chip concept stocks widened their declines before the market opened, with SanDisk down nearly 5%, Micron Technology down over 4%, Seagate Technology, Western Digital, and Everpure down over 3%, and Rambus down nearly 3%.

Precious metals continued to decline, with spot gold’s decline narrowing after briefly falling below $4,600 per ounce, and spot silver dropping nearly 5%. International oil prices surged sharply, with WTI crude oil soaring 8%, surpassing $107, and Brent crude rising over 7%.

Cryptocurrencies plummeted across the board. As of press time, Bitcoin fell below $67,000, down over 3%, Ethereum dropped over 4%, and coins like SOL and XRP also declined. According to CoinGlass data, over 150k traders were liquidated in the past 24 hours, with a total liquidation amount of $356 million.

On the news front, according to CCTV News, Trump stated that in the next two to three weeks, there will be extremely severe strikes against Iran. The latest news from the Strait of Hormuz, reported by Xinhua, states that Iran’s Supreme Leader’s foreign affairs advisor Velayati posted on social media on the 2nd, saying, “The Strait of Hormuz is open to the world, but will forever be closed to enemies of the Iranian people and their bases in the Middle East.”