The US stock market shrugged off tariff news, with major indices rising led by Nvidia’s historic market valuation. Despite hitting resistance levels, the S&P 500, Nasdaq, and Dow Jones advanced. President Trump issued steep tariffs on Brazil, hinting at broader warnings to BRICS nations. Asia Pacific markets were mixed, with Singapore equities leading. The US dollar weakened, boosting the Aussie and gold prices. The Dow Jones Industrial Average may face a minor corrective decline, with key resistance levels to watch. Gold rebounded after a drop, trading higher at US$3,325.
Read more at Investing.com: Asia Midday: HK & SG Equities Lead; US Rally Stalls at Resistance, Dow Jones