Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Australian Household Spending Dips in December as RBA Tightens Policy 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Wall Street suffered its steepest two-day drop since the pandemic, as mounting global trade tensions and sweeping tariffs imposed by the Trump administration triggered a major market selloff. The Nasdaq Composite officially entered a bear market Friday, while the Dow Jones Industrial Average confirmed a correction.
Over Thursday and Friday, the Dow fell 9.3%, the S&P 500 dropped 10.5%, and the Nasdaq plunged 11.4%. The selloff wiped trillions off U.S. company valuations, with the CBOE Volatility Index hitting its highest level since April 2020.
Investor panic surged after Trump raised tariffs to their highest level in over a century, prompting concerns over a looming global recession. Global responses added fuel to the fire—China’s finance ministry announced a 34% tariff on all U.S. goods starting April 10, while leaders from the UK, Australia, and Italy discussed retaliation.
On Friday alone, the Nasdaq dropped 962.82 points (5.82%) to 15,587.79, the Dow fell 2,231.07 points (5.50%) to 38,314.86, and the S&P 500 slid 322.44 points (5.97%) to 5,074.08—its lowest close in 11 months. Weekly losses stood at 10% for the Nasdaq, 9.1% for the S&P 500, and 7.9% for the Dow.
Fed Chair Jerome Powell warned the tariffs could spark inflation and slow growth, possibly influencing future monetary policy. The 10-year Treasury yield dipped below 4%, adding pressure to bank stocks, with the S&P Banks index dropping 7.3%.
All 11 S&P sectors fell over 4.5%, with energy leading losses, down 8.7% as U.S. crude slid 7.3%. Tech and China-exposed stocks plunged, including Apple (-7.3%), Alibaba, and JD.com (both down over 7.7%). Chipmakers, heavily reliant on U.S.-China supply chains, dropped another 7.6%.
