Fears of another ‘Black Monday’ rattled global investors as Dow Jones futures plunged 1,531 points (4.1%) and S&P 500 futures dropped 4% on Sunday evening. Nasdaq-100 futures fell 5.3%, setting a grim tone for markets when they reopen.
The panic follows warnings from CNBC analyst Jim Cramer, who likened the current setup to the 1987 Black Monday crash, when the Dow dropped 22.6% in a single session. Cramer emphasized the lack of economic support amid ongoing global tariff disputes as a red flag.
“If the President doesn’t try to reward countries and companies playing by the rules, then the 1987 scenario has the most cogency,” said Cramer.
Trump Calls It “Necessary Medicine”
In response to the market freefall, President Donald Trump downplayed the crash, stating:
“Sometimes we have to take the medicine.”
The comment sparked criticism and concern, as it suggests the White House may not step in with immediate stimulus or policy changes to calm the markets.
This weekend’s market collapse comes just days after the Dow dropped over 2,200 points on Friday, marking the first back-to-back 1,500+ point losses in history.
What Lies Ahead?
As trading opens Monday, all eyes are on how deep the sell-off will go. With investor sentiment fragile and geopolitical tensions still high, the fear of a repeat of past financial crises is rising sharply.
Analysts warn that unless corrective economic measures are introduced, Black Monday 2025 could be etched into market history just like its infamous 1987 predecessor.
