Tokyo stocks experienced a dramatic drop on the last day of Japan's fiscal year, with the Nikkei index plunging 4% to a seven-month low, fueled by fears over U.S. tariffs impacting the economy.
U.S. stock futures see a slight increase as investors navigate tariff uncertainties and await key inflation data. Major averages recently fell, with Lululemon shares taking a hit amidst a weak outlook.
Stock futures surged on Sunday, as investors ponder if equities can maintain their recent winning streak amid looming tariff discussions. With concerns over U.S. economic growth and consumer sentiment data, this week could be pivotal for the markets.
The Federal Reserve has cut its growth forecast, citing President Trump's tariffs as a key factor driving up prices. With inflation expectations rising, the Fed remains cautious about future economic policies.
In a surprising turn, Nvidia and major chip stocks like AMD and Qualcomm saw a decline as the AI trade faltered. Concerns over tariffs and competition from Alibaba loom large, dragging down the tech-heavy Nasdaq.
US stock markets experienced a significant drop fueled by rising inflation fears and concerns over Trump's tariffs. Consumer sentiment decline and economic data weakness add to the market volatility.