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The global stocks fell on Friday and extended a sharp sale to the US market after Donald Trump’s recent threat to the disease increased strong tariffs for imports from large trading partners to investor concerns regarding the health of US economy.
The Japanese export-rich Nikkei 225 index lost 2.9 percent and the South Korean Kospi fell by 3.4 percent. Hong Kong’s Hang Seng Index fell by 3.2 percent, while the CSI 300 benchmark of the mainland China lost 1.6 percent.
The European Index Futures showed back 1.2 percent with contracts for the Euro Stoxx 50.
The losses in Asia came after the Blue Chip-S & P 500 of the USA lost 1.6 percent on Thursday, which has achieved its decline to 4.2 percent last Wednesday and deletes the profits of the market for seasons.
The technical, feline Nasdaq Composite completed 2.8 percent, with Nvidia returning 8.4 percent even after a turn of sales of almost 80 percent.
“There are increasing concerns in different fronts,” said Tony Sycamore, market analyst at IG Australia. “There are concerns about. . . What these tariffs will do in the entire region of Asia. “
The waterfalls came after the President’s US president Last announcements on Chinese, Mexican and Canadian imports.
China and the USA “do not seem to be at this stage where both sides mean a deal seriously,” said Julian Evans-Pritchard, head of the China economy in capital economy. “This is probably not the last tariff hike.”
The data published in the past few days also indicate a severe decline in US consumer and business feelings, while a lukewarm reaction to Nvidia’s gains made the market susceptible to poor macroeconomic news, according to investors.
“Nvidia has not saved the world,” said Mike Zigmont, co-boss of the trade at the Visdom Investment Group. “The results were great, but not so stunningly great that everyone wants to buy more shares.”
“Bears are gaining battle,” he added.
After the election of Trump in November, the US shares had increased in the hope that the new administration issued economic economic policy and recently brought the S&P 500 to the latest record high last Wednesday.
However, the index has decreased in the past few days because the concerns about the health of the US economy have dealt.
According to Vandatrack, a data company that monitors the retail flows, retail investors who have occurred so often to buy shares when the market breaks down suddenly from “unasis”.
Asian investors bought debts on Friday, with returns for two years and 10-year state bonds to go 0.031 percentage points or 0.036 percentage points.
The cryptocurrencies expanded a decline, with Bitcoin fell 5 percent and Ethereum dropped 6.6 percent. Gold reduced by 0.4 percent.
The dollar rose by 0.8 percent on Thursday compared to a baseline of the trading partner currencies, but alleviated the profits on Friday and added another 0.1 percent.
However, the fears of an impending economic slowdown are exaggerated for some market participants.
After a strong at the end of 2024, weak data from consumer feelings that were published last week gave the opportunity to correct the markets, “said Steven Blitz, head of the US economist at TS Lombard.
“The Trump recession? Not so quickly, ”he added.
