In New York,  the Dow Jones Index gained 675 points or 1.65 percent on Friday. Gains were led by Nvidia (5.33%), JPMorgan (3.84%) and American Express (3.76%).

The Dow Jones Index Closes 1.65% Higher

The Ibovespa surged 2.6% to close at 128,957 level on Friday, securing a robust weekly gain of 3.1% as improved fiscal data eased concerns over the Lula administration’s commitment to sustainable fiscal discipline. Gross public debt as a percentage of GDP unexpectedly declined to 75.3% in January, down from 76.1% in the previous month and below the 76.2% forecast, driven by a record primary surplus of R$104 billion. Most stocks traded strongly, with Magazine Luiza leading the advance by surging 13.2% on stronger-than-expected earnings, while B3 extended its positive momentum with shares rising 11.2% on robust operational data, a billion-dollar victory at Carf, and increased trading volumes. Other notable performers included commodity giants Petrobras and Vale, which gained 4.4% and 3.2% respectively. Conversely, Natura lost over a quarter of its valuation after its fourth-quarter results showed adjusted EBITDA 35% below forecasts.

Ibovespa Posts Robust Weekly Gains

Stocks in the US wrapped up a tough week with a rally on Friday, as the S&P 500 jumped 2.1%, the Dow Jones popped 674 points, and the Nasdaq 100 rose 2.5%. Fears of a US government shutdown eased and investors shrugged off weak consumer sentiment data. Senate Minority Leader Schumer signaled support for a Republican-backed funding bill. However, the University of Michigan's consumer sentiment index plunged to 57.9, its lowest level since November 2022, reflecting growing uncertainty over inflation and tariffs. Tech stocks led the rebound, with Nvidia surging 5.3%, while Tesla, Meta, Amazon, and Apple all gained more than 1%. Meanwhile, Palantir jumped 8.3% despite concerns about potential defense spending cuts. For the week, the S&P 500 lost 4.3%, worst performance since March 2023, while the Dow Jones and Nasdaq gave up 4.6% and 4.9%, respectively.

US Stocks Rally to End a Tough Week

The S&P/TSX Composite Index climbed 1.4% to close at 24,553 on Friday, trimming weekly losses to 0.8% and rebounding from four-month lows as encouraging economic data and the prospect of a policy turnaround lifted investor confidence. Manufacturing sales rose 3% year-on-year in January and wholesale sales increased 2.8%, underscoring economic resilience amid persistent U.S. trade tensions. Additional support came with the impending swearing-in of former central banker Mark Carney as prime minister, expected to counteract U.S. tariff threats on Canadian goods. The recovery was led by tech and financial heavyweights, with e-commerce leader Shopify surging 4.3% to recover from sharp losses, and with Constellation Software and Celestica gaining 1.5% and 5.5% respectively. Additionally, major financial institutions including RBC, TD Bank, Brookfield, and BMO recorded gains between 1.6% and 3.2%.

TSX Rebounds, Posts Weekly Losses

In Milan,  the FTSE MIB Index rose 656 points or 1.73 percent on Friday. Leading the gains are Iveco Group (7.11%), Buzzi Unicem (6.95%) and Leonardo SpA (6.62%).

The FTSE MIB Index Closes 1.73% Higher

In Frankfurt,  the DAX Index gained 420 points or 1.86 percent on Friday. Gains were led by Rheinmetall (6.61%), HeidelbergCement (4.22%) and Airbus (3.93%).

The DAX Index Closes 1.86% Higher

In Paris,  the CAC 40 Index went up by 90 points or 1.13 percent on Friday. Top gainers were Thales (4.88%), Airbus (3.93%) and L'Oréal (3.61%).

The CAC 40 Index Closes 1.13% Higher

In London,  the FTSE 100 Index rose 91 points or 1.07 percent on Friday. Leading the gains are Melrose (5.88%), BAE Systems (4.09%) and Vistry Group (3.42%).

The FTSE 100 Index Closes 1.07% Higher

The FTSE MIB built momentum to close about 1.7% higher at 38,655 on Friday, mirroring gains in European markets, fueled by optimism about the investment plan of German Chancellor-in-waiting Friedrich Merz and hopes for a resolution in Ukraine. Meanwhile, the ongoing tariff war remained a major concern. On the corporate front, Iveco Group stood out with a 7.2% surge after announcing the expansion of its electric van lineup with two models produced by Stellantis. Leonardo rose 7.1%, fueled by expectations of increased European defense spending and media reports of a new order from Airbus. UniCredit rose 3.3% after receiving ECB approval to acquire up to 29.9% of Commerzbank, though it still awaits German antitrust approval and plans to engage with the new German government once formed. On the downside, Diasorin fell 2.7% to the bottom of the list after reporting its 2024 results and 2025 guidance. For the week, the index rose about 0.2%.

Italian Stocks End Higher, Post Weekly Gain

The FTSE 100 rose 1% on Friday, buoyed by gains in defense and mining stocks. However, it still marked its second consecutive weekly decline, as volatility from fluctuating US tariff policies and disappointing earnings weighed on equity markets. Precious and industrial metal miners gained 1.8% and 2.3%, respectively, after spot gold prices surpassed the $3,000 mark for the first time. Meanwhile, the UK economy unexpectedly contracted by 0.1% in January, missing the anticipated 0.1% growth. A Bank of England survey showed long-term inflation expectations hit a five-year high in February. Aerospace and defense stocks surged 3.8%, driven by Germany's agreement on a debt overhaul and significant state spending increases. Melrose Industries (up 5.9%) led the FTSE 100, followed by BAE Systems (4.1%) and Rolls Royce (3.2%). Miners Glencore, Anglo American, and Antofagasta rose between 2.5% and 3%. However, Bodycote fell 5% due to supply chain disruptions.

UK Stocks Rise 1%, Books 2nd Weekly Drop

The S&P 500 climbed 2% on Friday, the Dow Jones over 600 points, and the Nasdaq 100 gained 2.3% as markets rallied after Senate Minority Leader Schumer signaled support for a Republican-backed funding bill, easing shutdown fears. Tech stocks led the rebound, with Nvidia surging 4.6%, while Tesla, Meta, Amazon, and Apple all gained more than 1%. Palantir jumped 7.6% despite concerns over potential defense spending cuts. However, the University of Michigan’s consumer sentiment index dropped to 57.9, highlighting growing uncertainty tied to inflation and tariffs. Still, investors remain cautious as they assess the impact of policy uncertainty and economic headwinds on future market direction. Despite Friday’s gains, the S&P 500 remains in correction territory, down over 10% from its peak, while the Nasdaq has fallen more than 9% this year. For the week, the S&P 500 is down 4.3%, its worst performance since March 2023, while the Dow Jones and Nasdaq have lost 4.6% and 4.9%, respectively.

US Stocks Rally, But Heading for Weekly Losses

The CAC 40 rose 1.1% to close at 8,028 on Friday, rebounding from the previous session, as investors responded positively to prospects of increased fiscal spending in Germany. Chancellor-designate Friedrich Merz secured agreements with the Green Party and SPD to inject billions into the country’s defense sector and aging infrastructure. The luxury sector was a standout, with L'Oréal surging 3.4% and Hermes rising 1.4%, boosted by strong Q4 results from Brunello Cucinelli. Defense stock Thales also supported the index, soaring 5.6%. However, Kering plunged 10.7% after Gucci appointed Demna as its new artistic director. Despite the gains, the backdrop of escalating trade tensions and geopolitical concerns, including President Trump's threat of a 200% tariff on EU wine and doubts about a US-brokered ceasefire in Ukraine, left investors cautious. The CAC 40 posted a sharp 2.1% weekly decline.

CAC 40 Rises on Fiscal Stimulus

The Ibovespa rose 0.7% to surpass the 126,400 level on Friday, on track for a weekly gain of over 1%, as improved fiscal data helped alleviate lingering concerns over the Lula administration’s commitment to sustainable fiscal discipline. Gross public debt as a percentage of GDP unexpectedly declined to 75.3% in January, down from 76.1% in the previous month and below the 76.2% forecast, driven by a record primary surplus of R$104 billion. Most stocks traded firmly in positive territory, with Magazine Luiza leading gains, surging over 8% after posting stronger-than-expected earnings. Other notable performers included heavyweights Vale, Ambev, Banco do Brasil, Rede D'Or, and B3. On the other hand, Natura plunged over 25% after severely disappointing fourth-quarter results, with adjusted EBITDA coming in 35% below forecasts, gross margin contracting by 300 basis points to 63.2%, and higher SG&A and foreign exchange costs further eroding profitability.

Ibovespa Poised for Weekly Gains

In New York,  the Dow Jones Index is picking up 383 points or 0.94 percent on Friday. Gains are led by Nvidia (3.68%), JPMorgan (2.64%) and Caterpillar (2.43%). Biggest losers are Salesforce (-3.85%), Verizon (-0.76%) and Coca-Cola (-0.59%).

The Dow Jones Index Opens 0.94% Higher

The STOXX 50 climbed approximately 1%, while the STOXX 600 rose 0.8% on Friday, extending early gains as investors reacted positively to prospects of increased fiscal spending in Germany. Chancellor-designate Friedrich Merz reached an agreement with the Green Party to inject hundreds of billions into the country’s defense sector and aging infrastructure. This follows a similar agreement Merz secured last week with the SPD, his likely coalition partner. Meanwhile, traders continue to navigate escalating trade tensions, geopolitical uncertainties, and corporate updates. The trade war intensified, with President Trump threatening a 200% tariff on wine and other alcoholic beverages from the EU in response to the bloc’s announced countermeasures. On the corporate front, Kering shares sank more than 11% as traders weigh the company's pick of Demna as Gucci designer. For the week, the STOXX 50 is down about 2.5%, while the STOXX 600 has lost 2.3% so far.

European Shares Extend Gains

The S&P/TSX Composite Index rose 0.5% to above the 24,300 level on Friday, trimming some of the weekly losses of over 1.5% and rebounding from four-month lows as positive economic data and the prospect of a policy turnaround drive optimism. Manufacturing sales increased by 3% year-on-year in January and wholesale sales rose by 2.8% over the same period, signaling economic resilience amid persistent U.S. trade tensions. Furthermore, the forthcoming swearing-in of former central banker Mark Carney as prime minister, who is expected to counteract U.S. tariff threats on Canadian goods, has added further support. The recovery was led by tech and financial heavyweights, with e-commerce leader Shopify adding nearly 3% to recover from sharp losses, while Constellation Software and Celestica contributed additional gains of over 1% and 3% respectively. Additionally, major banks such as RBC, TD Bank, and BMO each advanced more than 0.7%.

TSX Trims Weekly Losses

Stocks in the US were higher on Friday, with S&P 500 rising 0.9%, Nasdaq gaining 1.5%, and the Dow Jones adding nearly 150 points, as traders attempted to recover from a weak week that pushed the S&P and Nasdaq into correction territory. Sentiment improved amid signs lawmakers in Washington will successfully avert a government shutdown. Meanwhile, investors remain focused on escalating trade tensions under President Trump and their potential impact on the US economy. So far, inflationary pressures have yet to appear in economic data. Tech was by far the largest performing sector while consumer staples underperformed. Nvidia, Broadcom and Tesla were gaining about 3%. Attention now turns to preliminary figures from the University of Michigan’s consumer sentiment index. For the week, the S&P 500 is down 4.3%, on track for its worst performance since March 2023, while the Dow Jones has lost 4.6%, its steepest weekly decline since June 2022. The Nasdaq is also on pace for a sharp 4.9% drop.

US Stocks Rebound

Frankfurt's DAX gained ground to trade more than 1% higher to near 22,900 on Friday, outperforming peers, on reports that Germany’s chancellor-in-waiting Friedrich Merz reached an agreement with the Greens today on a massive increase in state borrowing. This comes just days ahead of a parliamentary vote next week. Meanwhile, traders continued to monitor trade tensions, geopolitical events and corporate news.

DAX Up Over 1% on Optimism from Fiscal Agreement

US futures rose on Friday, with S&P 500 rising 0.7%, Nasdaq 100 gaining 0.9%, and Dow Jones futures adding nearly 200 points, as traders attempted to recover from a weak week that pushed the S&P and Nasdaq into correction territory. Sentiment improved amid signs lawmakers in Washington will successfully avert a government shutdown. Meanwhile, investors remain focused on escalating trade tensions under President Trump and their potential impact on the US economy. So far, inflationary pressures have yet to appear in economic data. Attention now turns to preliminary figures from the University of Michigan’s consumer sentiment index, due later today. For the week, the S&P 500 is down 4.3%, on track for its worst performance since March 2023, while the Dow Jones has lost 4.6%, marking its steepest weekly decline since June 2022. The Nasdaq is also on pace for a sharp 4.9% drop.

US Futures Rebound on Friday

The FTSE MIB climbed to around 38,277 in early trading on Friday, recouping previous session losses but remaining on track for a second consecutive weekly decline as traders assessed trade tensions and geopolitical developments. President Donald Trump threatened a 200% tariff on EU alcoholic beverages after the bloc imposed a 50% tax on American whiskey exports. Meanwhile, Russian President Vladimir Putin expressed skepticism over a US-brokered ceasefire with Ukraine. On the corporate front, Brunello Cucinelli gained over 1% after reporting strong Q4 2024 results, with revenue up 12.2% to €1.278 billion, EBIT at €211.7 million, and net profit rising 19.5% to €128 million. Other notable gainers included Leonardo (+3%), Telecom Italia (+2.7%), Moncler (+2.5%), and Prysmian (+1%).

FTSE MIB Gains but Tracks Weekly Decline

The CAC 40 rose 0.5% to 7,981 on Friday, rebounding from the previous session, buoyed by strong gains in the luxury sector. L’Oréal led the index, surging 3.4%, while LVMH gained 1.8% and Hermes advanced 1.6%. Moreover, Thales supported the index’s lift, with shares climbing 3%, along with Danone (1.4%) and ArcelorMittal (1.1%). However, Kering, another key player in the luxury space, dropped 12.8% to a two-month low following the appointment of Demna as Gucci’s new artistic director. Meanwhile,investors were closely monitoring growing global trade tensions, with U.S. President Donald Trump threatening a 200% tariff on wine and other alcoholic beverages imported from the EU in retaliation for the bloc’s newly imposed countermeasures. On the geopolitical front, Russian President Vladimir Putin cast doubt on the prospects of a U.S.-brokered ceasefire in the ongoing Ukraine conflict. Over the week, the index is on track for a sharp weekly decline.

French Stocks Rebound

The FTSE 100 edged higher on Friday but remains on track for its second consecutive weekly decline—the first time this year. UK GDP unexpectedly fell by 0.1% in January, missing forecasts for 0.1% growth, driven by weakness in the production sector. The softer economic data slightly increased market expectations for Bank of England rate cuts, pushing the pound lower. Miners tracked gains in copper, with Anglo American, Antofagasta, and Glencore rising between 1.9% and 2.1%, while Rio Tinto added 1.6%. Airline stocks also advanced, with International Airlines Group up 1.9% and EasyJet climbing 2.8%. Among large-cap stocks, Rolls-Royce gained about 1.5%. More broadly, Recruiter Hays jumped around 6% after an upgrade from BNP Paribas Exane. On the downside, Vanquis Banking tumbled 20% after delaying its return targets by a year, while Bodycote fell 11% as challenging market conditions are expected to weigh on future estimates despite showing some improvements.

UK Shares Edge Up, Set for 2nd Weekly Drop

Frankfurt's DAX hovered around the flatline on Friday, amid cautious trading, as traders monitored escalating trade tensions, geopolitical events, and corporate news. President Trump on Thursday threatened to slap a 200% tariff on European Union exports of wine, champagne and other alcoholic beverages in retaliation for the trading bloc's hiking of duties on American whiskey to 50%. He also confirmed he would keep the steel and aluminum tariffs in place and move forward with reciprocal tariffs on global partners by April 2. Meanwhile, Russian President Putin expressed doubts over a US-brokered Ukraine ceasefire. Among equities, Daimler Truck led the gains with a rise of more than 3%, after reported Q4 earnings that surpassed expectations and provided a robust outlook for this year. On the other hand, BMW shares dropped 4%, placing the company at the bottom of the index, after reporting a 34% drop in 2024 profits and projecting a 5-7% earnings margin for 2025, below some competitors.

DAX Lacks Clear Direction

Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday as traders monitored escalating trade tensions, geopolitical developments, and corporate updates. The trade war intensified this week, with President Trump threatening a 200% tariff on wine and other alcoholic beverages from the EU in response to the bloc’s newly announced countermeasures. Meanwhile, Russian President Putin expressed skepticism over a US-brokered ceasefire with Ukraine, outlining broad conditions that would need to be met before Russia would agree to a truce. Among sectors, food & beverages and basic resources led gains, while banks and autos underperformed. On the corporate front, UniCredit fell about 1% despite securing ECB approval to acquire a 29.9% stake in Commerzbank, whose shares remained little changed. Meanwhile, BMW tumbled over 3.5% after reporting a 37% drop in annual net profit. For the week, the STOXX 50 is down about 2.5%, while the STOXX 600 has lost 2.3% so far.

European Stocks Struggle for Direction to End the Week

The Hang Seng surged 497 points or 2.1% to finish at 23,960 on Friday, snapping a five-session losing streak as US futures climbed on signs of a potential U.S. government shutdown aversion. Hopes for fresh stimulus to boost China's domestic consumption also buoyed sentiment, with investors eyeing a key briefing next week by Beijing's top planning agency. Adding to optimism, Hohhot, a northern Chinese city, announced major cash incentives to encourage births. However, the index fell 1.1% for the week, reversing prior gains as caution prevailed ahead of the upcoming key Chinese economic data, including industrial output, retail sales, and jobless rates. Investors also braced for multiple central bank meetings next week, particularly the U.S. Fed, amid uncertainty over rate guidance and the impact of Trump's trade policies. All sectors increased, with consumer, tech, and financial stocks leading gains. Notable performers included KE Hlds. (9.9%), Meituan (5.8%), and Tencent Hlds. (3.7%).

Hang Seng Jumps 2.0% at Close

The Shanghai Composite surged 1.81% to close at a three-month high of 3,421, while the Shenzhen Component jumped 2.26% to 10,978 on Friday, as mainland stocks snapped a two-day losing streak on rising expectations of more policy support from Beijing. Top government officials are set to hold a press conference on Monday to discuss measures to boost consumption, fueling optimism about potential economic stimulus. Meanwhile, investors continued to navigate escalating global trade tensions, with US President Donald Trump reaffirming plans to implement reciprocal tariffs on global trading partners, set to take effect on April 2. Technology and growth stocks led the rally, with notable gains from East Money Information (+4.6%), Wuliangye Yibin (+6.4%), China Galaxy (+6.4%), Contemporary Amperex (+3.5%), and BYD Company (+6.1%). For the week, the Shanghai and Shenzhen indexes rose 1.4% and 1.2%, respectively, marking their second consecutive weekly gain.

China Stocks Rally on Stimulus Hopes

In China,  the Shangai Composite Index rose 59 points or 1.77 percent on Friday. Leading the gains are New China Life (9.99%), Inner Mongolia Yili Industrial Group (7.59%) and China Pacific Insu (7.54%).

The Shangai Composite Index Closes 1.77% Higher

European equity markets were set to open higher on Friday, capping off a volatile week dominated by escalating global trade tensions. In the latest developments, US President Donald Trump threatened to impose 200% tariffs on all alcoholic products from the European Union, retaliating against the bloc’s 50% tariff on American whiskey and other US goods. He also reaffirmed plans for reciprocal tariffs on global trading partners, set to take effect on April 2. Meanwhile, investors will closely watch British GDP and Italian industrial production data, along with final inflation figures for France and Spain, for further economic insights. On the corporate front, BMW reported a 37% drop in annual net profit, citing weakening demand in China as a key factor. In premarket trade, Euro Stoxx 50 and Stoxx 600 futures were both up around 0.4%, signaling a positive start for European markets.

European Markets Poised for Higher Open

In Tokyo,  the Nikkei 225 Index gained 331 points or 0.90 percent on Friday. Gains were led by Fujikura (7.65%), Sumitomo Metal Mining (6.06%) and Shiseido (5.90%). Biggest losers were Nippon Sheet Glass (-2.49%), Recruit Holdings (-2.37%) and Yokohama Rubber (-2.13%).

The Nikkei 225 Index Closes 0.90% Higher

New Zealand's benchmark S&P/NZX 50 index rose 0.5% to close at 12,266 on Friday, ending a three-day losing streak, amid strength in consumer non-durables and technology services sectors. In economic news, New Zealand's manufacturing activity in February rose to its highest level since August 2022, driven by higher production and new orders. Meanwhile, annual food inflation ticked up to 2.4% in February from 2.3% in the previous month. Among individual stocks, dairy producer A2 Milk surged 7%, making it the session’s top performer, as dairy prices remained near record highs. Additionally, aged-care providers Ryman Healthcare and Summerset Group gained 2.5% and 1.6%, respectively. Despite Friday’s rebound, the index fell 1.1% for the week, marking its fourth consecutive weekly decline, amid mounting concerns over an escalating global trade war.

New Zealand Stocks Snap 3-day Retreat

The Shanghai Composite rose 0.3% to around 3,370, while the Shenzhen Component gained 1% to 10,845 on Friday, as mainland stocks snapped a two-day losing streak, driven by a rebound in technology and other key sectors. Despite the recovery, both benchmark indexes remain on track to end the week little changed, as Chinese tech and AI-related stocks remain vulnerable to profit-taking after posting year-to-date gains of over 30%. Analysts have also raised concerns about China’s ability to meet its economic targets, as outlined in the recently concluded Two Sessions annual meetings. Meanwhile, global trade tensions continued to weigh on sentiment, with US President Donald Trump reinforcing tariff threats against major trading partners. Notable gainers on Friday included East Money Information (+3%), Wuliangye Yibin (+3.2%), China Galaxy (+6%), Inner Mongolia (+7.5%), and Contemporary Amperex (+2%).

China Stocks Rise in Broad Rebound

CSI 300 increased to a 13-week high of 4011.00 Index Points. Over the past 4 weeks, Shanghai Shenzhen CSI 300 Index gained 1.44%, and in the last 12 months, it increased 12.16%.

Stocks in China Hit 13-week High

Hong Kong stocks surged 396 points or 1.7% to 23,862 on Friday morning, snapping a six-session losing streak as U.S. futures rebounded following an overnight slump on Wall Street due to President Trump's threat of more tariffs. Meantime, China vowed to take all necessary measures to protect its interests after the latest U.S. levies. Adding to the bullish mood, manufacturing production in Hong Kong grew 1.0% yoy in Q4, bouncing back from the prior 0.1% fall. All sectors advanced, led by consumer and tech. Baidu climbed 2% amid reports of a partnership with Tesla to enhance advanced driving assistance in China. Hong Kong-listed Rusal jumped 5% after reporting a solid surge in annual earnings. However, the Hang Seng is on track for a weekly loss, down around 1.5% so far, pressured by concerns over China’s ability to meet its 2025 GDP growth target of around 5% amid ongoing trade barriers, deflation risks, and worries that Beijing may offer only modest fiscal stimulus to spur consumption.

Shares in Hong Kong Rally but Faces Weekly Drop

The benchmark KOSPI fell 0.5% to around 2,560 points on Friday, extending losses from the previous session as battery and steel stocks retreated. However, the index remains on track for a second weekly gain. Market sentiment stayed under pressure amid escalating global trade tensions, as Trump threatened a 200% tariff on EU alcoholic beverages in response to the bloc's 50% tariff on American whiskey. He also vowed to maintain reciprocal tariffs against global trading partners, set for April 2. Domestically, acting President Choi Sang-mok urged financial regulators to monitor markets amid ongoing concerns over US tariffs and global policy shifts. Among index heavyweights, battery giant LG Energy Solution dropped 2.9%, while Samsung SDI shed 3.3%. In the steel sector, Posco Holdings (-1.4%) and Hyundai Steel (-3.3%) led the losses. On the economic front, import prices rose 4.6% year-on-year, slowing for a fourth month, while export prices climbed 6.3%, extending a 14-month growth streak.

KOSPI Falls as Battery and Steel Drag

The Nikkei 225 Index climbed 0.4% to surpass 36,900, while the broader Topix Index edged up 0.15% to 2,702 on Friday, as investors snapped up beaten-down technology stocks. Despite the rebound, market sentiment remained fragile amid escalating global trade tensions. In the latest trade dispute, US President Donald Trump threatened to impose a 200% tariff on all alcoholic products from the European Union, retaliating against the bloc’s 50% tariff on American whiskey. Meanwhile, investors continued to monitor Bank of Japan policy signals, as Governor Kazuo Ueda reaffirmed plans to reduce the central bank’s massive balance sheet. Leading the tech rally were Advantest (+4.4%), Disco (+3.4%), and Keyence (+1.1%). Both the Nikkei 225 and Topix indexes remain on track to end the week little changed.

Japanese Shares Gain on Tech Rebound

The S&P/ASX 200 Index climbed 0.4% to surpass 7,780 on Friday, recovering losses from the previous session as mining stocks surged on stronger metals prices. However, the benchmark index remains on track for a fourth consecutive weekly decline, down approximately 2% week-to-date. Market sentiment has been pressured by US President Donald Trump’s decision to impose a 25% tariff on imported steel and aluminum, impacting roughly $1 billion worth of Australian exports. Trump also reaffirmed his stance on implementing reciprocal tariffs against global trading partners, set to take effect on April 2. Despite broader market concerns, iron ore and gold miners led the gains, with notable advances from BHP Group (+1.8%), Fortescue (+2.2%), Rio Tinto (+1.4%), Northern Star Resources (+2.8%), and Evolution Mining (+3.6%).

Australian Shares Rise on Mining Boost

US stock futures rose on Friday in what appeared to be a technical rebound, following a sharp sell-off in the previous session. Investor sentiment was rattled after renewed tariff threats from President Donald Trump reignited trade war concerns. On Thursday, the S&P 500 dropped 1.39%, pushing it more than 10% below its record high from last month and into correction territory. The Nasdaq Composite fell 1.96%, deepening its losses, while the Dow declined 1.3%. Meanwhile, the small-cap-focused Russell 2000 tumbled nearly 19% from its recent peak, edging closer to a bear market. Market jitters intensified after Trump threatened a 200% tariff on European wines and spirits in retaliation for the EU’s proposed duties on American whiskey. Adding to the mix, producer price inflation data came in softer than expected, with the headline figure remaining flat and the core rate dipping 0.1%, reinforcing Thursday’s cooler-than-expected CPI report.

US Futures Rebound After Sharp Sell-Off

The NZX 50 fell 33 points, or 0.3%, to 12,176 on Friday morning, marking its fourth straight session of losses as Wall Street tumbled Thursday amid concerns over a potential U.S. government shutdown. Meanwhile, President Trump threatened 200% tariffs on wine, champagne, and other alcoholic beverages from France and the EU in response to the bloc's planned whiskey levies, part of EU retaliations for U.S. tariffs on steel and aluminum. The NZX 50 is on track for its fourth consecutive weekly decrease, down 1.8% so far, after fresh data showed New Zealand’s annual food inflation hit a 13-month high of 2.4% in February from 2.3% at the start of the year. Investors also awaited several key domestic data next week, including Q4 GDP and February trade figures. However, losses were capped by strong manufacturing activity, which expanded at a 2.5-year high. Major decliners included Auckland Intl. (-2.4%), Napier Port Hlds. (-1.9%), Manawa Energy (-1.6%), and Hallenstein Glassons Hlds. (-1.2%).

New Zealand Shares Set for Fourth Straight Weekly Decline

In New York,  the Dow Jones Index decreased 537 points or 1.30 percent on Thursday. Losses were driven by Home Depot (-4.69%), Salesforce (-4.67%) and Apple (-3.54%).

The Dow Jones Index Closes 1.30% Lower

Stocks in the US plunged on Thursday, extending a three-week selloff as renewed tariff threats from President Donald Trump rattled investor confidence. The S&P 500 slid 1.4%, entering correction territory, while the Nasdaq 100 dropped 1.9%, weighed down by declines in Apple (-3.4%) and Tesla (-3%). The Dow Jones lost 536 points, slipping below the 41,000 mark for the first time in weeks. Trade tensions escalated after Trump threatened a 200% tariff on European wines and spirits in retaliation for the EU’s planned duties on American whiskey, amplifying concerns over an intensifying trade war. Meanwhile, producer price inflation data came in softer than expected, with the headline figure remaining flat and the core rate dipping 0.1%, reinforcing yesterday’s cooler CPI report. In corporate news, Adobe shares plunged 13.8% after issuing a weak revenue outlook, while Intel surged 14.6% following the announcement of a new CEO.

Wall Street Tumbles as Trump’s Tariff Threats Roil Markets

The Ibovespa rebounded sharply to over the 125,000 level on Thursday afternoon, driven by strong corporate performance and a key legal victory amid ongoing trade tensions. Sao Paulo exchange operator B3 surged over 9% following a decisive Carf ruling that nullified a longstanding R$5.77 billion tax infraction from the 2008 Bovespa merger, thereby alleviating a major overhang. Meanwhile, Companhia Siderúrgica Nacional soared over 7% after posting robust quarterly results, while Eletrobras added over 2% ahead of their own quarterly results. Gains in commodity giants Petrobras and Vale further supported the rebound, offsetting persistent concerns over escalating global tariffs and potential EU retaliatory measures linked to President Trump’s unpredictable trade policies.

Ibovespa Rebounds on Corporate Catalysts

The S&P/TSX Composite Index fell around 1% to below the 24,200 mark on Thursday afternoon, hitting a four-month low as escalating U.S. trade tensions heightened risks for Canadian companies. President Trump’s threats of additional tariffs on EU goods—including a proposed 200% duty on European alcoholic beverages—heighten the risk of retaliatory measures that could disrupt global trade. Meanwhile, Canada’s retaliatory tariffs on $29.8 billion of U.S. goods in response to Trump’s steel and aluminum levies are directly impacting cross-border supply chains in manufacturing and resource-based industries, while mounting recession risks in both the U.S. and Canada are dampening investment and credit demand, thereby weighing on financial stocks. E-commerce giant Shopify led losses, dropping over 7%, while major banks traded firmly in the red. In contrast, mining giants helped limit the index’s decline, benefiting from higher gold prices as investors sought safe-haven assets.

TSX Drops on Thursday Afternoon

The FTSE 100 closed 0.3% lower at 8,520 on Thursday, failing to maintain the bounce from the previous session as concerns that the US trade war could hamper global growth continued to pressure equities. Diageo erased early gains and closed 0.2% lower after the US threatened to impose tariffs of 200% on alcoholic beverages out of the EU, but still outperformed its continental EU counterparts due to its lesser exposure to the bloc. In the meantime, Persimmon, Barratt Redrow, and Taylor Wimpey lost more than 1.5% each to underscore a poor session for property developers. On the other hand, Halma gained 1.2% after raising its margin guidance, while AstraZeneca jumped 2%.

UK Stocks Close Slightly Lower

In Milan,  the FTSE MIB Index dropped 307 points or 0.80 percent on Thursday. Losses were led by Davide Campari-Milano (-4.37%), Saipem (-3.27%) and STMicroelectronics (-2.64%). Offsetting the fall, top gainers were Nexi (2.50%), Banca Monte dei Paschi di Siena (2.20%) and MFE-MediaForEurope (2.16%).

The FTSE MIB Index Closes 0.80% Lower

In Paris,  the CAC 40 Index fell 47 points or 0.58 percent on Thursday. Leading the losses are Pernod Ricard (-4.12%), STMicroelectronics (-2.97%) and Essilor (-2.56%). Top gainers were Unibail Rodamco (2.76%), Teleperformance SE (2.54%) and Vivendi (1.82%).

The CAC 40 Index Closes 0.58% Lower

Frankfurt's DAX closed 0.6% lower at 22,551 on Thursday, though it recovered from intraday lows, amid rising US-EU trade tensions. President Trump threatened 200% tariffs on European alcoholic beverages after the EU imposed a 50% tariff on American whiskey in retaliation for previous US duties. Geopolitical concerns also weighed on sentiment amid ongoing uncertainty over a potential ceasefire. The Russian president backed a truce “under certain conditions” but insisted it must ensure lasting peace. Earlier, Moscow had voiced skepticism about a ceasefire, viewing it only as a temporary advantage for Ukraine. Locally, the German parliament continued discussions on potential debt brake reforms. In corporate news, Daimler Truck shares slumped amid fears that the US could ease emissions limits for trucks, potentially reducing demand for cleaner vehicles. Hugo Boss targeted higher 2025 profits but remained uncertain on sales growth, while Hannover Re reported record earnings.

DAX Ends on Negative Note

The Ibovespa hovered above the flatline at the 123,800 level on Thursday, weighed down by uncertainties stemming from President Trump’s unpredictable tariff policies and potential EU retaliatory measures, which stoke fears of an escalating global trade war. However, the Sao Paulo exchange operator B3 surged over 5% following a decisive Carf ruling that canceled a longstanding R$5.77 billion tax infraction related to the 2008 Bovespa merger, thereby alleviating a major overhang. Mega-cap commodity producers Petrobras and Vale added around 1% each, while most other equities traded flat to negative, with heavyweights such as WEG, Banco do Brasil, Santander, Eletrobras, JBS, Compania Sanea, and Rede D'Or all losing roughly 1%.

Ibovespa Steadies Amid Trade War

The S&P/TSX Composite Index swung between gains and losses at the 24,440 mark on Thursday nearing four-month lows as escalating U.S. trade tensions inject uncertainty into Canadian equities and trigger cautious trading. President Trump’s threats of additional tariffs on EU goods—including a proposed 200% levy on European alcoholic beverages—have intensified global trade risks, while Canada’s retaliatory tariffs on $29.8 billion of U.S. goods in response to steel and aluminum duties further strain investor sentiment. These mounting trade disruptions, coupled with broader recession risks in both the U.S. and Canada, are weighing on export-driven sectors and dampening business confidence. E-commerce leader Shopify led the decline with losses exceeding 2%, and major financial institutions, including CIBC, fell by over 1%, whereas mining giants Agnico Eagle, Barrick Gold, Wheaton Precious, and Franco-Nevada each added more than 1%.

TSX Flat Amid Escalating Trade Tensions

The three major US stock indexes slipped about 0.2% on Thursday as investors monitored escalating trade tensions while assessing key economic data. President Trump threatened to impose a 200% tariff on wine and other alcoholic beverages from the EU in retaliation for the bloc’s newly announced countermeasures. On the data front, producer price inflation came in below expectations, with the headline figure remaining flat and the core rate declining by 0.1% month-over-month, mirroring the softer-than-expected CPI report released yesterday. Also, initial jobless claims stood at 220K, slightly below estimates but largely in line with recent trends. Consumer discretionary and tech were the worst performing sectors while materials outperformed. On the corporate front, shares of Adobe plunged more than 10% after providing a disappointing revenue outlook. Intel shares on the other hand, soared more than 16% after the company announced a new CEO.

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The Dow Jones Index Closes 1.65% Higher

Ibovespa Posts Robust Weekly Gains

US Stocks Rally to End a Tough Week

TSX Rebounds, Posts Weekly Losses

The FTSE MIB Index Closes 1.73% Higher

The DAX Index Closes 1.86% Higher

The CAC 40 Index Closes 1.13% Higher

The FTSE 100 Index Closes 1.07% Higher

Italian Stocks End Higher, Post Weekly Gain

UK Stocks Rise 1%, Books 2nd Weekly Drop

US Stocks Rally, But Heading for Weekly Losses

CAC 40 Rises on Fiscal Stimulus

Ibovespa Poised for Weekly Gains

The Dow Jones Index Opens 0.94% Higher

European Shares Extend Gains

TSX Trims Weekly Losses

US Stocks Rebound

DAX Up Over 1% on Optimism from Fiscal Agreement

US Futures Rebound on Friday

FTSE MIB Gains but Tracks Weekly Decline

French Stocks Rebound

UK Shares Edge Up, Set for 2nd Weekly Drop

DAX Lacks Clear Direction

European Stocks Struggle for Direction to End the Week

Hang Seng Jumps 2.0% at Close

China Stocks Rally on Stimulus Hopes

The Shangai Composite Index Closes 1.77% Higher

European Markets Poised for Higher Open

The Nikkei 225 Index Closes 0.90% Higher

New Zealand Stocks Snap 3-day Retreat

China Stocks Rise in Broad Rebound

Stocks in China Hit 13-week High

Shares in Hong Kong Rally but Faces Weekly Drop

China Stocks Rise in Broad Rebound

KOSPI Falls as Battery and Steel Drag

Japanese Shares Gain on Tech Rebound

Australian Shares Rise on Mining Boost

US Futures Rebound After Sharp Sell-Off

New Zealand Shares Set for Fourth Straight Weekly Decline

The Dow Jones Index Closes 1.30% Lower

Wall Street Tumbles as Trump’s Tariff Threats Roil Markets

Ibovespa Rebounds on Corporate Catalysts

TSX Drops on Thursday Afternoon

UK Stocks Close Slightly Lower

The FTSE MIB Index Closes 0.80% Lower

The CAC 40 Index Closes 0.58% Lower

DAX Ends on Negative Note

Ibovespa Steadies Amid Trade War

TSX Flat Amid Escalating Trade Tensions

US Stocks Edge Down