Wall Street settles down after tariffs-induced volatility
U.S. Markets
The Standard and Poor's 500 (^GSPC) dipped slightly, closing at 6,225.52, down 4.46 points (0.07 percent). The Dow Jones Industrial Average (^DJI) fell 165.60 points (0.37 percent) to 44,240.76, while the Nasdaq Composite (^IXIC) eked out a modest gain, rising 5.95 points (0.03 percent) to 20,418.46.
Small-cap stocks outperformed, with the Russell 2000 (^RUT) climbing 14.51 points (0.66 percent) to 2,228.74. Meanwhile, market volatility eased as the CBOE Volatility Index (^VIX) dropped 0.98 points (5.51 percent) to 16.81.
UK and European Indices
UK and European markets posted broad gains, led by the FTSE 100 (^FTSE), which rose 47.65 points (0.54 percent) to 8,854.18. Germany's DAX (^GDAXI) advanced 133.24 points (0.55 percent) to 24,206.91, while France's CAC 40 (^FCHI) gained 43.24 points (0.56 percent) to 7,766.71. The Euro Stoxx 50 (^STOXX50E) climbed 30.41 points (0.57 percent) to 5,371.95.
Asia and Pacific Markets
Asian markets were mostly higher, with South Korea's KOSPI (^KS11) surging 55.48 points (1.81 percent) to 3,114.95. Hong Kong's Hang Seng (^HSI) rose 260.24 points (1.09 percent) to 24,148.07, while Australia's S&P/ASX 200 (^AXJO) inched up 1.40 points (0.02 percent) to 8,590.70.
Japan's Nikkei 225 (^N225) added 101.13 points (0.26 percent) to 39,688.81, but Taiwan's TWSE (^TWII) slipped 66.45 points (0.30 percent) to 22,362.27.
Commodities & Currencies
The U.S. Dollar Index (DX-Y.NYB) was nearly flat, up just 0.01 percent at 97.49. The Euro Currency Index (^XDE) gained 0.15 points (0.13 percent), while the British Pound (^XDB) fell 0.21 points (0.15 percent).
Latin America & Emerging Markets
Brazil's Bovespa (^BVSP) declined 186.86 points (0.13 percent) to 139,302.84, while Mexico's IPC (^MXX) dropped 240.08 points (0.42 percent) to 57,183.32. Argentina's MERVAL (^MERV) surged 79,851.38 points (3.90 percent) to 2,129,785.50, marking a standout performance.
Looking Ahead
Investors remain cautious ahead of key economic data and corporate earnings reports later this week. Market participants will be closely watching inflation trends and central bank signals for further direction.
Global Markets Wrap: Mixed Performance Across Major Indices
Following are Tuesday's closing quotes for all the key indices around the world:
U.S. Markets
UK and European Markets
FTSE 100 (^FTSE): 8,854.18, up 47.65 points (0.54 percent)
DAX (^GDAXI): 24,206.91, up 133.24 points (0.55 percent)
CAC 40 (^FCHI): 7,766.71, up 43.24 points (0.56 percent)
Euro Stoxx 50 (^STOXX50E): 5,371.95, up 30.41 points (0.57 percent)
BEL 20 (^BFX): 4,475.18, down 12.31 points (0.27 percent)
Asia and Pacific Markets
Hang Seng (^HSI): 24,148.07, up 260.24 points (1.09 percent)
Nikkei 225 (^N225): 39,688.81, up 101.13 points (0.26 percent)
Shanghai Composite (000001.SS): 3,497.48, up 24.35 points (0.70 percent)
S&P/ASX 200 (^AXJO): 8,590.70, up 1.40 points (0.02 percent)
All Ordinaries (^AORD): 8,828.70, up 2.30 points (0.03 percent)
S&P/NZX 50 (^NZ50): 12,859.02, up 94.07 points (0.74 percent)
KOSPI (^KS11): 3,114.95, up 55.48 points (1.81 percent)
TWSE (^TWII): 22,362.27, down 66.45 points (0.30 percent)
BSE Sensex (^BSESN): 83,712.51, up 270.01 points (0.32 percent)
IDX Composite (^JKSE): 6,904.39, up 3.46 points (0.05 percent)
FTSE Bursa Malaysia (^KLSE): 1,530.14, down 7.40 points (0.48 percent)
Middle East & Africa
TA-125 (^TA125.TA): 3,078.79, down 19.00 points (0.61 percent)
EGX 30 (^CASE30): 33,037.60, unchanged
Johannesburg All Share (^JN0U.JO): 5,388.61, down 45.11 points (0.83 percent)
Americas (Ex-U.S.)
S&P/TSX (^GSPTSE): 26,903.57, down 116.71 points (0.43 percent)
Bovespa (^BVSP): 139,302.84, down 186.86 points (0.13 percent)
IPC Mexico (^MXX): 57,183.32, down 240.08 points (0.42 percent)
S&P IPSA Chile (^IPSA): 8,321.10, up 64.55 points (0.78 percent)
Argentina MERVAL (^MERV): 2,129,785.50, up 79,851.38 points (3.90 percent)
Currencies & Volatility
Market Outlook
While Asian and European markets saw broad gains, U.S. and some Latin American indices faced mild pressure. Argentina's MERVAL led global gains with a 3.90 percent surge, while South Korea's KOSPI outperformed in Asia. Investors await key economic data and central bank signals for further direction.
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