Japan’s Nikkei share average plummeted to an eight-month low following President Trump’s announcement of a 24% levy on Japanese goods. The steep tariffs caused a widespread market decline, with the banking sector and automakers experiencing significant losses. Toyota shares fell 4.7%, and Tokyo Electron dropped 5.8%.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy