From Nasdaq: 2025-04-02 23:30:00

Asian stock markets are trading lower after Trump imposed steeper tariffs on US trade partners, sparking global trade war concerns. Australia hit with 10% tariff, Japan with 24%, and China with 34% tariff. Australian market significantly lower, S&P/ASX 200 falling below 7,900. Major miners and tech stocks declining. In other news, Ansell shifting manufacturing from China, Galan Lithium rejects takeover bid, Cettire warns of price increases, Synlait Milk secures future milk supply. Australian services sector expands in March. Aussie dollar at $0.627. Japanese market trading sharply lower, Nikkei 225 plunging nearly 3%, exporters and financial stocks hit.

US stocks recover, Nasdaq up 0.9%, S&P 500 up 0.7%, Dow up 0.6%. European markets down, with DAX, FTSE 100, and CAC 40 sliding. Crude oil prices rise despite unexpected increase in US inventories.



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