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The Nikkei 225 Japanese exporter lost 2.9 percent and South Korea’s Kospi fell 3.4 percent. The Hong Kong Index in Saint -Index decreased by 3.2 percent, and the mainland Chinese 300 landmark lost 1.6 percent.
European index futures decreased, and EURO SToxx’s contracts decreased by 1.2 percent.
Asia’s losses occurred after 1.6 percent in the US lost on Thursday on Thursday, falling from last Wednesday to 4.2 percent and erasing profits.
Nasdaq Heavy Nasdaq closed 2.8 percent, and Nvidia canceled 8.4 percent even after the chips manufacturer reported almost 80 percent overnight.
“There is a concern for several different fronts,” said Tony Sikamor, a market analyst of Ig Australia. “There is concern about it. . . What these tariffs will be done throughout Asia as a whole. ”
The drop came after the US president Last flurry of ads About Chinese, Mexican and Canadian imports.
China and the US “seems to be not yet at this stage when both sides are serious about the deal,” said Julian Evans-Prechard, the Chinese head of the capital economy. “This is probably not the last trip to the tariff.”
Data published in recent days also indicate a sharp drop in US and business consumers, while the warm response to Nvidia’s income has left the market vulnerable to bad macroeconomic news, investors reported.
“Nvidia will not save the world,” said Mike Zigmont, co-chairman of the trading in Visdom Investment Group. “The results were excellent, but not so much that everyone wants to buy more shares.”
“The bears are now winning the battle,” he added.
Following Trump’s elections in November, the US rally rose to the hopes that the new administration would lead to economic policy on business, pushing the S&P 500 to the last record, as recently last Wednesday.
But the index has slipped in recent days because the worries of the US economy health.
Investors of the retailer that so often joined to buy stocks every time the market is lowered, suddenly covered by “concern”, reports Vandatrack, a company that tracks retail streams.
Asian investors bought debt in the US on Friday, the yield on two-year and 10-year treasury filed 0.031 percentage points and 0.036 percentage, respectively.
Cryptocurrencies extended a decrease, and bitcoin fell 5 percent, and Ethereum shed 6.6 percent. Gold decreased by 0.4 percent.
The dollar grew 0.8 percent to the basket of trading partners on Thursday, but on Friday moderate income, adding another 0.1 percent.
However, the fears of the coming economic slowing look for some market participants.
After the strong end of 2024, the weak data of consumers, published over the past week, gave “excessively expanded markets to fix,” said Stephen Blitz, Chief American Economist at TS Lombard.
“Trump’s recession? Not so fast, ”he added.
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2025-02-28 06:39:00