March 13, 2024, the city skyline of the center of Shanghai, Lujiasu, China.
CFOTO | Future Publishing | Getty Images
Asia-Pacific markets will open due to pressure on investor sentiment by U.S. President Donald Trump.
Australia S&P/ASX 200 Trading is 0.37% higher when it is publicly traded.
Japan’s Nikkei 225 futures pointed to a higher market opening rate, with Chicago’s futures contract of 38,150, while the index’s previous end of 38,142.37.
The Hang Seng Index Futures in Hong Kong was 23,625, weaker than the last end of HSI 23,787.93.
Trump on Wednesday Threats to impose a 25% tariff on EU imports. This is after the president’s announcement After a month of delay, tariffs in Mexico and Canada continue to move forward.
Investors will keep an eye on technology Dear Asian Chip Stocks NVIDIA’s fourth-quarter revenue beats Wall Street expectations. The chipmaker also provided strong guidance for the current quarter and showed it was confident that it would continue the historic growth driven by its AI.
“While the market began to react to these developments, prices remained unpriced,” Goldman Sachs wrote in a note released Wednesday.
Kamakshya Trivedi, head of global FX, Rate and EM strategy at investment bank Kamakshya Trivedi said the scope of further decline in U.S. stocks remain if Trump “walks” with wider and larger tariffs.
Spend the night in the United States S&P 500 The proceeds paid, snapped up four-day losses to close 5,956.06 Dow Jones Industrial Average It fell by 188.04 points, or 0.43%, ending with 43,433.12. The average of 30 shares was as high as 245.34 points earlier, or about 0.6%. At the same time, the technology is heavy Nasdaq Composite Materials Up 0.26% to end at 19,075.26.
– Hakyung Kim and Brian Evans of CNBC contributed to this report.
