Asian Markets Exhibit Mixed Performance Amid Trade Tensions and Tesla's Decline

Reported 3 days ago

Asian markets showed a mixed performance as the July 9 deadline for U.S. trade agreements approaches, stirring concerns over potential tariff increases. Japan's shares fell initially but rebounded slightly, while Hong Kong's Hang Seng rose and South Korea's KOSPI declined due to inflation fears. U.S. markets faced pressures from a falling Tesla amid rising tensions between CEO Elon Musk and President Trump, impacting investor sentiment. Despite earlier gains in the U.S. stock market, uncertainties regarding tariffs and economic policies persist.

Source: YAHOO

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