Asian Markets React to Trump’s Tariffs and AI Disr…
From Barchart: 2025-01-27 05:32:46
Most Asian stocks declined after Trump’s trade tariffs on Colombia. Chinese markets saw mixed results, with optimism over DeepSeek R1 but weakened by poor PMI data. U.S. stock futures fell, impacting major tech stocks like Nvidia. Hong Kong’s Hang Seng index rose on gains in internet stocks like Baidu, Alibaba, and Tencent. DeepSeek R1 boosted sentiment towards Chinese AI products. Chipmaking stocks rallied last week but fell on Monday due to profit-taking.
Read more at Barchart:: Asian Markets React to Trump’s Tariffs and AI Disr…