US stock markets opened significantly lower on Monday, driven by a wave of new tariffs imposed by Donald Trump and weaker-than-expected US labor market figures. The Dow Jones Industrial Average fell 1.19% to 43,607.62 points. The Nasdaq Composite dropped 1.34% to 208,385.7 points, while the S&P 500 declined 1.08% to 6,270.78 points.
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