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U.S. Stock Futures Drift Higher; Nikkei Surges 1,669 Pts or 5.3% in Early Trading
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U.S. President Donald Trump announced late last night (9th) a 90-day suspension of tariffs on non-retaliatory countries, while immediately raising tariffs on China to 125%. Correspondingly, the DJIA wrapped up 2,962 points or 7.9%, reclaiming the 40,000-mark. The S&P 500 soared 474 points or 9.5%, and the Nasdaq jumped up 1,857 points or 12.2%. This morning (10th) during the Asian trading session, DJIA futures drifted higher by 270 points or 0.66%, with S&P 500 futures and Nasdaq futures up 0.46% and 0.14%, respectively. Asia-Pacific stock markets saw a robust rebound in early trading. The Nikkei surged 5.26% or 1,669.51 points to 33,383.54. South Korea’s KOSPI Index climbed 108.07 points or 4.71% to 2,401.77. Australia’s ASX 200 Index rallied 467.9 points or 6.34% to 7,842.9. AAStocks Financial News |
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