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Global markets today: World shares slip after US stocks hit new highs; tariff deadline casts shadow

IndiaTimes Friday, 4 July 2025
Global stock markets experienced a downturn on Friday, influenced by investor apprehension surrounding the impending July 9 tariff deadline set by President Trump. European markets opened lower, while Asian markets displayed mixed performance. Wall Street's recent gains, driven by a strong US jobs report, contrasted with the prevailing unease over potential trade friction, impacting commodity and currency markets as well.
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News video: ‘TAKE IT OR LEAVE IT!’ | Trump to fire-off Tariff THREAT Letters to 12 Countries with 10-70% Tariffs

‘TAKE IT OR LEAVE IT!’ | Trump to fire-off Tariff THREAT Letters to 12 Countries with 10-70% Tariffs 03:37

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