Global Markets:
Asia-Pacific markets traded mixed on Tuesday as investors reacted to U.S. President Donald Trump’s tariff threats. Hong Kong’s Hang Seng Index dropped 2.17%, while the Hang Seng Tech Index plunged 3.53%. In mainland China, the CSI 300 trimmed losses to 0.19%. South Korea’s Kospi slipped 0.37%, and the small-cap Kosdaq declined 0.62%.
Australia’s S&P/ASX 200 edged up 0.14% ahead of the national budget announcement by Treasurer Jim Chalmers. Japan’s Nikkei 225 gained 0.46%, though the broader Topix index remained flat. India’s Nifty 50 opened 0.42% higher, while the BSE Sensex advanced 0.35%.
U.S. futures dipped slightly after Wall Street logged strong gains. The Dow Jones Industrial Average surged 597.97 points (1.42%) to 42,583.32. The S&P 500 added 1.76% to close at 5,767.57, while the tech-heavy Nasdaq Composite climbed 2.27% to 18,188.59.
Tesla shares jumped nearly 12% after nine consecutive weeks of losses, extending their Friday gains. Other tech giants, including Meta Platforms and Nvidia, saw gains of over 3%. Investors continue to monitor global markets as concerns over U.S. trade policies weigh on sentiment.
The post Tuesday 25th March 2025: Global Markets React to U.S. Tariff Concerns with Mixed Performance first appeared on IC Markets | Official Blog.
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