Asian stocks slide as appeals court grants pause until challenge is heard
News that a federal court had blocked most of Donald Trump’s sweeping trade tariffs helped stock markets rise yesterday. But now that an appeals court has agreed to a temporary pause in the decision, stocks are starting to fall again.
In Tokyo, the Nikkei index dropped 1.1%, while Hong Kong’s Hang Seng fell 1.5%. The mainland Chinese index the SSE Composite fell 0.3%, while South Korea’s Kospi fell 0.9%.
1PM BST: German inflation data
1:30PM BST: US PCE (Inflation measure)
3PM BST: University of Michigan’s consumer sentiment survey
Asian stocks slide as appeals court grants pause until challenge is heardNews that a federal court had blocked most of Donald Trump’s sweeping trade tariffs helped stock markets rise yesterday. But now that an appeals court has agreed to a temporary pause in the decision, stocks are starting to fall again.In Tokyo, the Nikkei index dropped 1.1%, while Hong Kong’s Hang Seng fell 1.5%. The mainland Chinese index the SSE Composite fell 0.3%, while South Korea’s Kospi fell 0.9%.1PM BST: German inflation data1:30PM BST: US PCE (Inflation measure)3PM BST: University of Michigan’s consumer sentiment survey Continue reading… Business, Stock markets, FTSE Business | The Guardian
