Global stocks bounce back after selloff, US markets rise, Japan in trade talks with US

From Morningstar: 2025-04-08 08:30:00

Global stock markets rebounded on Tuesday after the fastest selloff since March 2020. Asian and US markets rose, with Japan leading the gains. Japan entered trade talks with the US, while China imposed a 34% tariff on US goods. US equities opened higher, with technology stocks like Nvidia, Tesla, and Palantir outperforming.

European defense contractors saw strong performance on Tuesday, with Saab AB, Leonardo, and Rheinmetall leading the Stoxx 600 index. The sector rebounded after a recent selloff. Despite initial declines, defense stocks rallied, with Rheinmetall gaining 6% by the close. The aerospace and defense industry remains volatile amid market fluctuations.



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