The Nikkei 225 index is trading lower than the previous session's closing price. |
Japan's Nikkei 225 is currently trading 0.43% lower than the previous session's close of 34,267.54. South Korea's Kospi is down 0.2%, while the small-cap Kosdaq index is down 0.18%. Australia's S&P/ASX 200 is down 0.08%.
Hong Kong's Hang Seng Index futures were at 21,455, slightly weaker than the previous close of 21,466.27.
China will release first-quarter GDP figures later in the day. The country is also expected to report industrial production, retail sales and unemployment data. Economists polled by Reuters expect China's GDP growth in the first quarter to have slowed to 5.1%, down from 5.4% in the previous quarter.
UBS recently cut its China GDP forecast to 3.4% in 2025 and to 3% next year. Tao Wang, the investment bank's chief China economist, estimates that the increased tariffs imposed by the US on Chinese goods will slow China's GDP growth by more than 2 percentage points.
US stock futures also fell as investors looked ahead to the release of key retail sales reports and more earnings from the first quarter. Dow Jones futures fell 139 points, or 0.3%, while S&P 500 futures and Nasdaq 100 futures fell 0.7% and 1.1%, respectively.
Earlier, all three major US stock indexes also fell in the trading session on Tuesday (April 15) after two consecutive sessions of increase. Specifically, the Dow Jones lost 155.83 points, equivalent to 0.38%, to close at 40,368.96; the S&P 500 decreased 0.17% to close at 5,396.63; and the Nasdaq Composite decreased 0.05% to close at 16,823.17.
Despite yesterday's losses, all three major US stock indexes pared losses following Trump's initial tariff announcement on April 2. The Dow and Nasdaq both fell 4.4%, while the S&P 500 fell 4.8%.
Notably, despite the red close, the market appeared to have calmed down after the previous volatile trading sessions. The CBOE Volatility Index (VIX) – Wall Street’s “fear gauge” – fell to around 30 after hitting a high of around 60 last week.
However, according to analysts, the market could fluctuate strongly again at any time due to the uncertainty in Mr. Trump's tariff policy.
Source: https://thoibaonganhang.vn/chung-khoan-chau-a-mo-cua-trong-sac-do-chung-khoan-my-giam-tro-lai-162838.html
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