Reported about 16 hours ago
Asian stock markets are expected to drop after significant losses on Wall Street, driven by underwhelming earnings from Nvidia and upcoming tariffs on Canadian and Mexican imports. The S&P 500 and Nasdaq 100 both saw notable declines, reflecting weakness in the tech sector. In contrast, the dollar strengthened against its peers, buoyed by tariffs announcements and solid U.S. economic performance, which included stronger inflation and consumer spending figures. As nations like India explore tariff reductions to circumvent U.S. pressures, market participants are awaiting key economic data releases.
Source: YAHOO