Asian markets showed a positive trend as U.S. tariff strategies evolved, with Japan’s stocks rising over 1% and Hong Kong benchmarks climbing 2%. The uptick was propelled by President Trump's announcement of a 90-day pause on certain tariffs, combined with U.S. customs exempting various technology products from hefty tariffs imposed on Chinese imports. This move resonated well with major U.S. tech companies like Apple, signaling a shift in trade relations. The S&P 500 stock futures rose about 0.50%, reflecting optimistic investor sentiment following recent volatility on Wall Street.
Markets in Asia, influenced by recent U.S. tariff announcements, showed positive movement with Japan’s stocks rising over 1%, and Hong Kong benchmarks up 2%.
President Trump's decision to pause reciprocal tariffs for 90 days has led to a modest rally in U.S. markets, with the S&P 500 experiencing its best week since November.
Collection
[
|
...
]