From Financial Modeling Prep: 2025-04-02 09:18:00

Asian stocks were stagnant as investors awaited tariff announcements from President Trump. U.S. stock futures remained steady, hinting at cautious trading. In Japan, the Nikkei 225 was flat, while China’s Shanghai Composite edged up. Hong Kong’s Hang Seng rose, but Singapore’s Straits Times Index fell. Australia and India also saw minor movements.

President Trump is set to announce broad tariffs, including a 25% levy on auto imports, on April 2. The uncertainty surrounding these measures has led to cautious investor sentiment. U.S. Treasury Secretary Scott Bessent called it a significant move by the administration, causing global trade dynamics to shift and markets to react.

Investors are wary of the potential impact of tariffs on global trade. While U.S. markets, especially in the tech sector, have seen gains, the anticipation of more aggressive trade measures is affecting global sentiment. For real-time insights on economic trends and market performance, explore the Economic Indicators endpoint.



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