Global markets today: World shares slip after US stocks hit new highs; tariff deadline casts shadow
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.
India-US Trade: A high-stakes India-US mini trade deal could be inked within 48 hours, with negotiators locked in extended talks in Washington. The pressure is mounting as the July 9 deadline looms — the day when suspended 26% US tariffs snap back if no deal is reached. The US is pushing for...
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Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets,..
Multiple explosions rocked Iran’s Bushehr city—home to a key nuclear power plant—after reported Israeli airstrikes. Al Arabiya confirmed the Bushehr International Airport was struck, while images..