Japan’s benchmark Topix dropped 3.2 per cent and the exporter-oriented Nikkei 225 slid 3.9 per cent. In South Korea the Kospi fell 2.2 per cent. Hong Kong’s Hang Seng dipped 0.4 per cent. Gold hit a record $3,098 per troy ounce while US Treasury yields declined, in a sign that investors were piling into safe assets.
Too soon to declare the ‘all clear,’ the market will likely remain volatile and idiosyncratic,” says Lisa Shalett, Chief Investment Officer at Morgan Stanley
14hon MSN
Stock-market investors hope President Trump’s April 2 tariff announcements will provide much wanted certainty. They shouldn’t count on it.
2don MSNOpinion
In what is surely a sign of the current stormy economic forecast, not even Fox Business host Larry Kudlow could find a way to put a positive spin on today’s market news: that the Dow Jones dropped by 715 points,
Tariffs are typically bad news for the economy and stock market. "They raise prices, slow economic growth, cut profits, increase unemployment, worsen inequality, diminish productivity and increase global tensions," according to David Kelly, Chief Global Strategist at J.P. Morgan.
Taiwan Semiconductor Manufacturing stock has suffered this year amid worries about potential tariffs on semiconductors and its hefty investment in the U.S.However, investors should be confident the chip manufacturer can thrive and will likely avoid being dragged into a rescue plan for Intel,
Global shares are mostly lower as investors mull the uncertainties brought by U.S. President Donald Trump’s latest tariffs
While there are a few concerns that have investors' attention at the moment, including a forecasted contraction in first-quarter gross domestic product, along with the historic priciness of stocks, perhaps the prevailing issue for the stock market is President Donald Trump's tariff policy.
Nvidia (NVDA) stock inched up 0.6% on Friday after a rough stretch that’s seen shares drop 17% this year. The rebound may just be getting
President Donald Trump’s tariff announcement scheduled for April 2 is set to give the market a negative surprise, according to a Goldman Sachs (GS) economist.