China stocks fall due to EU tariffs, Samsung boosts South Korea.
From Investing.com: 2024-07-04 22:51:23
Asian stocks had a mixed day on Friday, with Chinese shares sinking due to EU tariffs on imports. South Korean markets outperformed, driven by Samsung’s positive Q2 outlook. Japanese stocks hovered near record highs amid a weak yen and expectations of limited BOJ tightening. India’s market fell due to profit-taking after reaching record highs. Overall, concerns over trade tensions and interest rate cuts kept broader markets cautious during limited U.S. trading cues. Australian stocks fell, reflecting the cautious sentiment in Asia.
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