Equity futures sink, gold rises after Trump imposes tariffs

Quick Summary:

"But once he got to specifics and started giving examples which were significantly higher than 10 per cent, that's when futures turned around and went negative," Zaccarelli added.

Before the announcement, the Dow Jones Industrial Average had closed up 235.36 points, or up 0.56 per cent, to 42,225.32, while the S&P 500 rose 37.90 points, or 0.67 per cent, to 5,670.97.

S&P 500 E-minis stock futures initially rose after Wall Street indexes closed the regular session higher, but then lost ground as Trump went into detail about his tariff plans in a White House Rose Garden event.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaJapan

Topics: Rose Tariffs Wednesday Points Cent Imports Trump Futures Gold Higher Fell

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 05:44:00 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 770 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 27550075

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