Asia Rallies Despite Trump's Tariff Jitters, Wall Street Futures Fall; Strong Start On D-Street?

Описание: Asian markets traded higher today amid Trump’s Tariff move. South Korea’s Kospi rallied 1.7% to a fresh record high, while Kosdaq gained 0.74%. Hong Kong’s Hang Seng index futures signal a higher opening. Markets in China and Japan are closed for a holiday, while Nikkei futures traded higher. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.5%.


Meanwhile, Gift Nifty was trading around 25,750 level, a premium of nearly 167 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.


U.S. stock-market futures declined as investors grappled with the implications of Friday’s Supreme Court ruling that overturned most of President Donald Trump’s tariffs.

Dow Jones Industrial Average futures were down about 240 points, or 0.5%, while S&P 500 futures dropped 0.6% and Nasdaq-100 futures fell 0.8%.


U.S. stock market ended higher on Friday as investors absorbed a ruling by the US Supreme Court striking down President Donald Trump’s tariffs.

The Dow Jones Industrial Average gained 230.81 points, or 0.47%, to 49,625.97, while the S&P 500 rallied 47.62 points, or 0.69%, to 6,909.51. The Nasdaq Composite closed 203.34 points, or 0.90%, higher at 22,886.07.


Here's the trade set-up for today.

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