Asia, the European market rebound, the advantage of US futures amid the chaos of Trump’s tariff
Asia Markets opened on Tuesday after posting significant losses on Monday driven by President Donald Trump’s global tariff campaign, with US Futures also increased slightly after a day of turmoil on Wall Street.
The Nikkei Japan index closed more than 6% up on Tuesday, recovering nearly 8% of losses posted on Monday.
South Korean Kospi Index rose 0.3%, S Australia& P/ASX 200 grew by 2.2% and India’s 50 Nifty Index rose by almost 2%.
Hong Hong Kong Hang Index – which on Monday posted its worst day since 1997 lost 13% – recovered with an increase of 1% on Tuesday. Shanghai’s composite index grows 1.4%.
A trader works on the floor at the New York Stock Exchange in New York City, April 7, 2025.
Brendan McDermid/Reuters
The European market also moved to be green after a chaotic start for a week. British FTSE 100 takes 1.3% immediately after the opening, German’s DAX rose 0.9% and CAC 40 France rose 1.3%.
In the US, the future of the stock market is in front of Tuesday’s opening.
Until Tuesday morning, Dow Jones Futures rose 1.5%, S& P 500 Futures rose more than 1% and Nasdaq Futures rose by almost 1%.
Rollercoaster trade Monday saw Dow posting his largest intraday point swing – down more than 1,700 points during the lowest level on Monday, then swing 2,595 points from low.
Dow fell 349 points, or 0.91%, while Nasdaq technology that weighs hard is 0.1%. S& P 500 closed down 0.23%. The distribution is 8.5% high/low, only 20 times more since 1962, according to S& P Global.
S& P 500 entered the bear market area for a while during the session but finally almost 18% of this new highest.
A woman saw an electronic board showing the Nikkei 225 index at the Tokyo Stock Exchange in Tokyo, Japan, on April 8, 2025.
Kazuhiro Nogi/AFP via Getty Images
ABC News’ Max Zahn and Joe Simonetti contributed to this report.
