Bangkok – The Asian and Futures of the United States.ANDThe electoral profits after the US. UU. P 500.
China announced that it intends to maintain its economy growing around a 5% annual rhythm In 2025, in line with the objective of last year, since he opened the annual session of his legislature in large ceremonial part. Prime Minister Li Qiang also promised more government expenses and other measures to support growth.
US actions fell later higher rates In the imports of China, Canada and Mexico they entered into force on Tuesday, and investors were observing to see what president Donald Trump He says during his speech before Congress and the Nation. Early Wednesday, the future for the SANDP 500 won 0.7%, while Dow Jones industrial average increased 0.6%.
Tokyo’s Nikkei 225 index exceeded less than 0.1% higher than 37,356.44, while Hang Seng in Hong Kong increased 1.2% to 23,207.16.
The Shanghai compound index almost did not change to 3,324.16.
In South Korea, the Kospi won 0.7% to 2,546.03, while AustraliaANDP/ASX 200 charge 1.2% to 8,100.60.
On Tuesday, US actions accumulated more losses in Wall Street such as Commercial War Between the United States and its key business partners intensified.
The Trump administration imposed 25% tariffs on imports from Canada and Mexico from Tuesday and doubled tariffs against China imports by 20%. The three countries announced retaliation actions, generating concerns about a slowdown in the global economy.
The sANDP 500 fell 1.2% to 5,778.15, with more than 80% of the shares in the reference index that is closed. The Dow slipped 1.6% to 42,520.99.
The Nasdaq compound fell 0.4% to 18,285.16. The heavy technological index briefly reached a 10% decrease since its most recent closure, which is what the market considers a correction, but the profits for NVIDIA, Microsoft and other heavy technological weights helped increase those losses.
Financial actions were among the heaviest weights in the SANDP 500 Index. Jpmorgan Chase fell 4% and Bank of America lost 6.3%.
The market could soon face more turns in the tariff drama. After Tuesday’s final bell, the Secretary of Commerce Howard Lutnick told Fox Business News that the United States would probably meet Canada and Mexico “in the middle” in tariffs, with an announcement that will arrive as soon as Wednesday.
The market rally later Trump’s choice In November it had been largely built with the hopes of the policies that strengthened the economy and companies of the United States. Concerns about tariffs that raise consumer prices and revival inflation have weighed both in the economy and in Wall Street.
Rates are causing retail warnings, including Aim and Best Buy, while reporting their latest financial results. Target fell 3% despite defeating Wall Street earnings, saying that there will be a “significant pressure” about their profits to start the year due to tariffs and other costs.
Best Buy fell 13.3% for the greatest fall between SANDP 500 shares after giving investors a weakest earning forecast than expected and a warning on tariff impacts.
Concerns about profits follow a series of economic reports with worrying signs that include US households that become More pessimistic about inflation and go back in spending. Consumer spending has essentially promoted the economic growth of the United States compared to high interest rates.
The reprisals against the highest rates were quick.
Porcelain He responded to the new US tariff announcing that additional tariffs of up to 15% in imports of US key agricultural products will be imposed. Uu., including chicken, pork, soybeans and beef, and expanded controls to do business with US key companies. UU. Canada plans tobe course of 21 days. Mexico It also plans tariffs on goods imported from the US.
In other treatment at dawn on Wednesday, the ee.
The US dollar rose to 149.99 Japanese and 149.82 yen. The euro fell to $ 1,0607 of $ 1,0626.
Bitcoin was quoted to around $ 97,850 according to Coindesk.
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Business writers AP Damian Troise and Alex Veiga contributed.
