Stock Market Live Updates: Global Markets Recover Amid Tariff Uncertainty
Stock markets around the world have staged a recovery after Trump’s tariffs announcement led to a global market crash on Monday. India’s benchmark indices, BSE and NSE, closed in green today, with major gainers including Titan, Bajaj Finance, SBIN, L&T, and Bajaj Finserv Company.
The stock market has been witnessing significant swings in recent days, with the introduction of tariffs by the US government triggering a global market crash on Monday. However, markets have shown resilience and staged a recovery on Tuesday, with major indices worldwide opening in green. The US S&P 500 futures have opened up by 3%, while the Dow Jones and Nasdaq have also seen significant gains.
Global Market Rebound
The Indian stock market has also been affected by the tariff uncertainty, with the Sensex and Nifty opening in green and rising by around 2%. The major gainers at the National Stock Exchange (NSE) were Titan, Bajaj Finance, SBIN, L&T, and Bajaj Finserv Company, while at the National Stock Exchange (Nifty) they were Jio Finance, Shriram Finance, Cipla, Titan, ONGC, L&T, Bajaj Finance, and Axis Bank.
US Stock Market
The US stock market has been particularly affected by the tariff uncertainty, with the S&P 500 seeing significant swings on Monday. The Dow Jones index fell 1.52% during the choppy session, while the Nasdaq saw a decline of 1.44%. However, on Tuesday, the Nasdaq, Dow Jones, and S&P 500 futures opened up by 3%, indicating a significant rebound.
Asia-Pacific Markets
Asian markets have also been affected by the tariff uncertainty, with many indices witnessing significant declines on Monday. However, on Tuesday, markets bounced back, with the China’s blue-chip CSI 300 Index climbing 1.7%. The Hong Kong stock market saw its worst day in nearly three decades, with the benchmark Hang Seng Index falling 5.5%.
Reactions from Leaders
The tariff uncertainty has also led to reactions from world leaders. Indonesian President Joko Widodo has called for calm and stability, while Hong Kong leader John Lee has slammed the US government’s "reckless" behavior. China’s commerce ministry has vowed to "fight to the end" against US tariffs, describing them as "blackmail".
Fintech Companies
Financial technology companies have also been affected by the tariff uncertainty, with shares of companies like Robinhood and Affirm seeing significant declines. The companies have been caught in the whirlwind of President Donald Trump’s sweeping tariffs, which are set to take effect on Wednesday.
Key Highlights
- The US S&P 500 futures have opened up by 3%
- The Dow Jones and Nasdaq have also seen significant gains
- The Indian stock market has staged a recovery, with the Sensex and Nifty opening in green
- The major gainers at the NSE were Titan, Bajaj Finance, SBIN, L&T, and Bajaj Finserv Company
- The China’s blue-chip CSI 300 Index has climbed 1.7%
Keywords: Stock Market, Tariffs, Trump, US, India, China, Global Markets, Market Crash, Market Rebound.
