Summary
World stock markets mostly fell on Friday, with European stocks dropping and mixed results in Asia. Despite this, U.S. stocks continued to rise, reaching record levels as President Trump's tariff decisions loomed.
Key Facts
- European stock markets saw declines, including Germany's DAX dropping by 0.8% and France's CAC 40 falling by 1.1%.
- Britain’s FTSE 100 index decreased by 0.4%.
- U.S. stock futures for the S&P 500 and Dow Jones were both down by 0.5%.
- In Asia, Japan’s Nikkei 225 index managed a slight 0.1% increase, while South Korea’s KOSPI index fell by 2%.
- China's Shanghai Composite index gained 0.3%, but Hong Kong’s Hang Seng index lost 0.6%.
- The U.S. job market showed strong results, pushing the S&P 500 to a new high for the fourth time in five days.
- President Trump's proposed import taxes are on pause but may start soon unless new deals are made.
- The price of U.S. crude oil fell to $66.55 per barrel, and Brent crude dropped to $68.27.
