Stock markets slide deeper amid Trump tariffs fallout

[ad_1]

The key foreign stock markets continued their slide after opening on Friday morning, as the shock waves of President Donald Trump’s tariffs The Day of Liberation continued to be reflected around the world.

The Nikkei Japanese Index lost 3.5% on Friday, while the width of Japanese index to topix fell by 4.45%.

In South Korea, the Kospi Index dropped by 1.7%, with the country fighting both Trump’s rates and the news that the South Korean Constitutional Court confirmed President Ion Suci’s impeachment.

Indian investors have joined the sale on Friday, with Nifty 50 and BSE Sensex indexing as more than 1%. Indian stock markets have previously performed better than others thanks to the lower tariffs than competitors such as China, Indonesia and Vietnam.

The screen shows financial news while traders are working on the New York Stock Exchange floor in New York, on April 3, 2025.

Set venig/app

Australia S.& P/ASX, meanwhile, continue its sliding on Friday, with another 2% drop, with an index of up to 8 months low.

Trump’s message on Wednesday of tariffs for almost all US trading partners sent us the foreign markets in a queue.

All three major US stock markets closed Thursday, celebrating their worst day since June 2020 during the Covid-19 pandemic.

Nasdaq fell by 6%, s& P 500 4.8%and Dow Jones nearly 4%

The main companies were among the struggles. Nike fell 14%while Apple fell 9%. The e -commerce giant Amazon slid nearly 9%.

The shares have fallen for each of the other so -called “Magnificent Seven”, a group of major technology companies that have helped to make profits in the stock markets in recent years.

Meta, the Mother of Facebook and Instagram, dropped nearly 9%. Chipmaker Nvidia slides 7%.

Tesla, the electric manufacturer of cars, led by Trump Avisor Elon Musk, decreased by 5%.

A man checks his phone to an electronic advice showing shares of the Heng Seng Index in Hong Kong on April 3, 2025.

Peter Parks/AFP via Getty Images

The shares of US retailers, who depend to a large extent on imported products, also collapsed, with the dollar tree dropping by 13% and five, below seeing 27% losses.

Share futures offered more pain for investors on Friday. Nasdaq, s& P 500 and Dow Jones Futures all slid by about 0.3%.

Lia Sarnof and Max Zan of ABC News have contributed to this report.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *