Global Markets Today: Asian markets were mixed on Tuesday, diverging from Wall Street’s strong gains after U.S. President Donald Trump struck a more conciliatory tone toward China.
After weeks of escalating trade measures and sharp rhetoric, Trump took to Truth Social on Monday, assuring, “Don’t worry about China, it will all be fine!”
China recently imposed docking fees on U.S. vessels in response to similar charges introduced by Washington, with both measures taking effect on Tuesday.
Japan’s Nikkei 225 fell 1.34 per cent, while the Topix slipped 1.31 per cent. In contrast, South Korea’s Kospi gained 1.01 per cent, and the Kosdaq rose 0.84 per cent. Australia’s S&P/ASX 200 edged down 0.25 per cent.
Hong Kong’s Hang Seng Index was poised to open weaker, with futures at 25,794 compared to Monday’s close of 25,889.48.
(This is a developing story)
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
