Trump Again Proposes Equal Tariffs, Mixed Reactions in Markets, Taiwanese Futures Rise 1.2%
Instant News Center / Lin Gengyu reports
President Trump claimed that negotiations between the US and China have made progress, but China's cold response has escalated tensions once again, making investors more cautious. In the stock market, the Dow Jones Industrial Average dropped over 200 points within the first 10 minutes of trading, ending at 39,398 points, a decline of 0.53%, heavily influenced by IBM's 8% drop. The S&P 500 rose slightly by 0.24% to 5,388 points, while the Nasdaq increased by 0.55% to 16,800 points.
European markets also fell across the board, with declines between 0.15% and 0.35%, with the UK performing the worst.
In contrast, the Taiwanese futures market saw an upward movement, despite initially dropping nearly 100 points. By 10 PM, the index rose by 234 points, an increase of 1.2%, closing at 19,694 points.
