Stock Market LIVE: S&P 500 futures fell more than 1.6%

Stock Market Live Updates: After entering bear territory on Monday, global markets have shown recovery from Trump's tariffs.

Traders work on the floor of the New York Stock Exchange during morning trading on April 08, 2025 in New York City. (AFP)

Stock Market Live Updates: After global markets crashed on Monday, indices worldwide have made a rebound, opening in green amid financial uncertainty from US President Donald Trump's tariff announcements....Read More

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• 9 Apr 2025, 08:00:26 AM IST

  Markets at a glance

  Some of the main moves in markets, according to Bloomberg:

  -S&P 500 futures fell 1.5% as of 10:39 a.m. Tokyo time

  -Japan’s Topix fell 2.9%

  -Australia’s S&P/ASX 200 fell 1.3%

  -Hong Kong’s Hang Seng fell 3.5%

  -The Shanghai Composite fell 1.8%

  -Euro Stoxx 50 futures fell 4.4%

• 9 Apr 2025, 07:05:34 AM IST

  Taiwan stocks fall 1.8% in early trade

  Taiwan stocks fell 1.8 percent in early trade Wednesday after the government announced a $15 billion stabilisation fund in response to US tariffs, reports AFP.

• 9 Apr 2025, 06:17:54 AM IST

  Korean Won drops to lowest since 2009

  The Korean won declined to its lowest since the global financial crisis amid a broad decline in Asia’s trade-sensitive currencies, reports Bloomberg.

  The won dropped about 0.5% to 1487.45 per dollar on Wednesday, the lowest since March 2009. The Thai baht and Malaysian ringgit also slipped against the greenback, as did the New Zealand dollar.

• 9 Apr 2025, 06:06:44 AM IST

  S&P 500 closes below 5,000

  US stocks dropped for a fourth straight trading day on Tuesday since Trump's tariffs announcement last week, with the S&P 500 closing below 5,000 for the first time in almost a year, reports Reuters.

  S&P 500 companies have lost $5.8 trillion in stock market value since Trump's tariff announcement.

• 9 Apr 2025, 05:36:36 AM IST

  Japan's Nikkei average futures down by 3.4%

  Japan's Nikkei average futures down by 3.4% in early trade, reports Reuters.

• 9 Apr 2025, 04:58:16 AM IST

  Japan's stock set for continued decline amid Trump's tariff turmoil

  Japanese stocks are set to fall as wild swings on Wall Street sap investor confidence ahead of the full implementation of US trade tariffs, Bloomberg reported.

  Nikkei 225 Stock Average futures were at 31,875 on the Chicago Mercantile Exchange as of 7:26 a.m. Tokyo time, about 3% lower compared with the close for the underlying gauge. Shares of exporters may open lower in Tokyo after the yen surged more than 1% against the dollar overnight.

• 9 Apr 2025, 03:34:53 AM IST

  Oil drops $1 as US-China trade war escalates

  Oil prices settled down more than $1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a recession due to the escalating trade war between the US and China, the world's two biggest economies, Reuters reported.

  Brent futures settled down $1.39, or 2.16%, at $62.82 a barrel. U.S. West Texas Intermediate crude futures settled down $1.12, or 1.85%, at $59.58.

• 9 Apr 2025, 02:46:18 AM IST

  Market hit by wild volatility on US-China tariff threats

  Wild swings lashed Wall Street for a fourth straight session as back-and-forth trade threats between the US and China knocked down stocks, erasing an earlier rally that was the biggest since 2022. The S&P 500 fell 1.6%, leaving it on the brink of a bear market, Bloomberg reported.

• 9 Apr 2025, 02:12:39 AM IST

  Why Asia was hit hardest by Trump’s tariff blow

  US President Donald Trump shocked the world – and global markets – with tariffs that exceeded expectations last week. But there was one region that was hit harder than most: Asia.

  Exporting powerhouses like China and Vietnam were slapped with some of the highest levies of any country, with China now facing an additional 50% tariff, bringing the total rate of its levies to more than 100%.

• 9 Apr 2025, 12:52:23 AM IST

  Canada's tariffs on US auto imports come into force tomorrow

  Canada said it will begin imposing a 25 percent tariff on certain US auto imports from Wednesday, activating a retaliatory measure in response to President Donald Trump's levies on foreign-made cars and trucks, AFP reported.

• 9 Apr 2025, 12:12:03 AM IST

  France's economy grew before Trump announced trade tariffs

  The Bank of France raised its first-quarter estimate for economic growth slightly, but cautioned that it has little short-term visibility on how much damage US President Donald Trump’s tariffs will do, Bloomberg reported.

  The central bank said its monthly survey of 8,500 businesses and other indicators show output expanded 0.2% between January and March. In its previous publication, it put growth at 0.1% to 0.2%.

• 8 Apr 2025, 11:27:13 PM IST

  Europe Inc Q1 profits fall by 2.2% amid Trump's tariff turmoil

  The outlook for European corporate health has deteriorated, the latest forecasts showed on Tuesday, heightening fears that a global trade war ignited by US President Donald Trump's tariffs will hurt companies' earnings, Reuters reported.

• 8 Apr 2025, 10:09:49 PM IST

  Mid day trading sees 2% rise in US indices

  The S&P 500 was up 2.4% in mid day trading, the Dow Jones Industrial Average was up 926 points, or 2.4%, as of noon eastern time in the US, and the Nasdaq composite was 2.4% higher.

• 8 Apr 2025, 09:11:57 PM IST

  Health insurance companies lead US stock markets

  On Wall Street, health insurance companies saw peaks with Humana jumping 13.5 per cent higher, United Health up 8.9 per cent and Elevance climbing 6.6 per cent.

  The rise followed the announcement of an expected increase in Medicare Advantage payments in 2026, reported Associated Press.

• 8 Apr 2025, 08:00:49 PM IST

  S&P 500 up 3.7 per cent, Dow Jones jumps 1,363 points

  The S&P 500 was up 3.7% in trading and the Dow Jones Industrial Average was up 1,363 points, or 3.6%, as of 10:12 a.m. eastern time.

  The Nasdaq composite was also 4.2% higher.

• 8 Apr 2025, 07:17:08 PM IST

  US crude oil rates rise

  US crude oil rates rose slightly on Tuesday after touching its lowest level in four years on Monday amid Trump's tariff threats.

• 8 Apr 2025, 07:06:21 PM IST

  Wall Street recovers losses in early opening

  After a low closing on Monday, The S&P 500 was up 3.4% in early trading Tuesday. The Dow Jones Industrial Average was up 1,230 points, or 3.3%, and the Nasdaq composite was 3.6% higher.

• 8 Apr 2025, 06:50:00 PM IST

  S&P 500, Dow Jones, Nasdaq futures up more than 3%

  As US markets open, S&P 500 E-mini future are up by 3.1%, Nasdaq is up by 3% and Dow Jones Futures are up by 3.2% after the markets went into bear territory on Monday.

• 8 Apr 2025, 06:23:53 PM IST

  How did BSE sectoral indices perform today?

  The BSE Oil & Gas index jumped the most on Tuesday by 2.58 per cent, followed by consumer durables - 2.38 per cent, telecommunication -2.32 per cent, industrials -2.04 per cent, energy -2.03 per cent, healthcare-1.94 per cent and IT-1.77 per cent.

• 8 Apr 2025, 05:45:40 PM IST

  Adani group firms close higher on BSE index today

  All 11 listed Adani group firms ended higher on Tuesday, bouncing back from the previous day's decline.

  Shares of Adani Enterprises jumped 3.27 per cent, Adani Total Gas climbed 3.27 per cent, Adani Energy Solutions rallied 3.23 per cent and Ambuja Cements shot up 2.53 per cent on the BSE.

• 8 Apr 2025, 05:12:39 PM IST

  Who are the top gainers and losers on Sensex?

  Titan rose by 3.29 per cent today and became the top gainer on the Sensex, followed by Bajaj Finance, SBIN, L&T, Bajaj Finserv and Axis Bank.

  At the bottom of the Sensex, the only company in red is Power Grid which lost 0.14%, followed by IndusInd Bank, Tata Steel, TCS, HDFC Bank, Ultrachemco, and Kotak Bank.

• 8 Apr 2025, 04:48:34 PM IST

  Swiggy, BPCL, Indigo fare well on Nifty Next 50

  While Cholamandalam Finance topped the Nifty Next 50 with a massive 6% rise, others such as Swiggy and BPCL also recorded an increase above 3%.

• 8 Apr 2025, 04:30:44 PM IST

  Titan comes out on top of Sensex

  Titan was the biggest gainer on the Sensex today with a 3.29% growth, settling at 3,123.25 as the market closed.

• 8 Apr 2025, 04:20:25 PM IST

  Who are the top gainers on Nifty 50?

  As markets close on Tuesday, Jio Finance has emerged as the top gainer on the Nifty 50 index. Other top gainers are Shriram Finance, Cipla, Titan, ONGC, L&T, Bajaj Finance and Axis Bank.

• 8 Apr 2025, 04:13:59 PM IST

  Sensex goes green, only one company in red

  As the stock market rebounded on Tuesday, only one company remained red on the BSE Sensex - Powergrid, which fell 0.14%.

• 8 Apr 2025, 03:40:36 PM IST

  Sensex, Nifty close as stocks recover

  Sensex rebounded 1,089.18 points to settle at 74,227.08. Nifty recovered 374.25 points to end at 22,535.85.

• 8 Apr 2025, 03:11:02 PM IST

  Indonesia's benchmark stock index closes on a low

  Indonesia's benchmark stock index closed nearly eight percent lower on Tuesday, the biggest fall since 2011 as per Bloomberg.

  The Jakarta Composite Index fell 7.9 percent to its lowest level since June 2021.

• 8 Apr 2025, 02:58:04 PM IST

  Indian indices show improvement after fall on Monday

  Indian indices, Sensex and Nifty, have bounced back after dropping more than 2 % each on Monday. The Sensex is up 1.61% and the Nifty has risen 1.78%.

• 8 Apr 2025, 02:25:27 PM IST

  China, Hong Kong stocks rise after global crash

  In the aftermath of global markets sinking on Monday, China's blue-chip CSI 300 Index climbed 1.7% on Tuesday, reported Reuters.

  The Shanghai Composite Index also gained 1.6% at the close, after it slid more than 7% on Monday.

  Hong Kong's Hang Seng Index rose 1.5% after slumping 13.2% in the previous session, its steepest decline since the 1997 Asian financial crisis.

  The Hang Seng Tech Index added 3.8%, after plummeting 17% on Monday.

• 8 Apr 2025, 02:06:15 PM IST

  World markets recover amid reports of trade talks with US

  Germany’s DAX rose by 0.9% to 19,975.81.

  France’s CAC 40 increased by 1.3% to 7,018.79.

  Britain’s FTSE 100 also gained 1.3%, closing at 7,804.73.

  Japan’s Nikkei 225 surged by just over 6%, closing at 33,012.58.

  Hong Kong’s Hang Seng rebounded slightly, gaining 1% to 20,036.03, after a 13.2% plunge on Monday—its worst single-day drop since 1997 during the Asian financial crisis.

  China’s Shanghai Composite Index climbed 1.4% to 3,140.15, buoyed by state-directed share purchases from Central Huijin.

  South Korea’s Kospi edged up by 0.3% to 2,334.23.

  Australia’s S&P/ASX 200 advanced 2.3% to 7,510.00.

  Indonesia’s JSX Index plunged, triggering a temporary suspension after falling more than 9%. It was down 7.6% by mid-afternoon.

  Thailand’s SET Index dropped 4.2% as markets reopened after holidays.

  Taiwan’s Taiex Index declined 4%, dragged down by a 3.8% fall in TSMC (Taiwan Semiconductor Manufacturing Co.) shares.

• 8 Apr 2025, 01:26:10 PM IST

  Three Japanese companies postpone bond issue after market turmoil

  Three Japanese companies have delayed selling 100 billion yen (£678.43 million) worth of yen-denominated bonds due to global financial market uncertainty caused by recent U.S. tariff announcements, according to a source and the companies involved.

  Asahi, Japan’s biggest beer producer, planned to issue 50 billion yen (£340 million) in bonds this month but decided to postpone the sale because of market instability, a company spokesperson said. Suntory Holdings also delayed issuing 10 billion yen in subordinated bonds, which were meant to be priced this week, according to a spokesperson.

  Nissin, the noodle manufacturer, said it has also delayed its planned bond sale but did not provide further details. A source familiar with the matter said the company was planning to issue 40 billion yen in bonds.

• 8 Apr 2025, 12:53:03 PM IST

  Stock Market Live: Indian indices rebound over 2% after brief fall

  India's benchmark indices, BSE and NSE, gained over two per cent on Tuesday afternoon after a brief dip to less than one percent.

  At 12.50 pm, the benchmark BSE Sensex was up by over 1605 points or 2.20 per cent, reaching 74,743.45. The broader NSE Nifty was up over 487 points up or 1.81 per cent in the green, reaching 22,648.85.

• 8 Apr 2025, 12:29:56 PM IST

  Analyst expects gold prices to remain volatile ahead of FOMC meet

  Deveya Gaglani, Senior Research Analyst-Commodities at Axis Securities, said, “MCX Gold prices extended their losing streak for four days in a row. Prices were down by more than 1,000 points as prices settled around 87,000 levels. The decline was primarily driven by investors liquidating positions to meet margin requirements and book profits amid mounting volatility across broader markets. Sentiment worsened after President Trump's statement threatening to impose a 50% tariff on Chinese imports unless Beijing rolls back its 34% retaliatory duties on American goods. We expect Gold prices to remain volatile ahead of FOMC minutes this week. The street expects some clarity on the rate cut next month, which may support prices, or Gold may head southwards.”

• 8 Apr 2025, 12:02:33 PM IST

  Indian indices rebound after slight fall

  At 12 pm, the benchmark BSE Sensex was up by 843.68 points or 1.15% per cent, reaching 73,981.58. The broader NSE Nifty 267.20 points up or 1.21% in the green, reaching 22,428.80.

• 8 Apr 2025, 11:45:46 AM IST

  ‘We are nearing the end of a bottoming process in US markets,’ says expert

  Mr Gaurav Bhandari, CEO at Monarch Networth Capital Limited, said, Despite the widespread fear gripping global markets, fuelled in part by recent tariff announcements from President Trump, I believe we are nearing the end of a bottoming process in US markets. In my view, this final phase will give way to a sharp, euphoric rally that could mislead many into thinking stability has returned. While sentiment remains bearish, I foresee a surge in the S&P with potential upside targets of 6300–6700 over the next 6–8 months, marking what could be a classic blow-off top before a significant correction. This is a personal take based on current market signals, and while risks persist, I believe we’re on the cusp of a powerful, albeit temporary, upswing.”

• 8 Apr 2025, 11:18:09 AM IST

  Goldman Sachs says oil could fall below $40/barrel

  Goldman Sachs Group Inc. said Brent crude has the outside potential to fall below $40 a barrel under “extreme” outcomes if the trade war dampens oil consumption across markets.

  “In a more extreme and less likely scenario with both a global GDP slowdown and a full unwind of OPEC cuts, which would discipline non-OPEC supply, we estimate that Brent would fall just under $40 a barrel in late 2026,” said analysts including Yulia Grigsby said in an April 7 note.

• 8 Apr 2025, 10:47:57 AM IST

  ‘Markets ripe for rebound,’ says expert

  Yogesh Kansal, cofounder of online trading platform Appreciate, said, “The rebound comes as no surprise as markets are oversold and remain ripe for a rebound led by tariff-agnostic companies and sectors.”

  All 13 major Indian sectoral indexes traded higher. Broader markets also increased, with small-cap and mid-cap indexes gaining about 1.2% each.

• 8 Apr 2025, 10:26:23 AM IST

  Stock Market Live: Major gainers on Sensex

  All Sensex firms, except Tata Consultancy Services, traded in the positive territory. The biggest gainers were Titan, Adani Ports, Bajaj Finserv, State Bank of India, Axis Bank, UltraTech Cement, Larsen & Toubro, and Tata Steel.

• 8 Apr 2025, 10:08:48 AM IST

  Who are the major gainers on Tuesday?

  The major gainers at NSE were Titan Company, Tata Steel, Hindalco Industries, Tata Motors, and Shriram Finance.

  Midcap and Smallcap indices were up 2 per cent each on the BSE.

  Observing the markets, Akshay Chinchalkar, Head of Research at Axis Securities, told ANI, “The Nifty suffered its biggest fall for the year yesterday, but the over 400 point recovery at the close was encouraging for bulls. The rebound resulted in a bullish belt-hold line formation with the 22572-22685, the next upside hurdle area. On the downside, the 22015-22130 area is critical.”

• 8 Apr 2025, 09:49:18 AM IST

  Rupee falls 7 paise to 85.83 against US dollar in early trade

  The rupee continued to fall and dropped by 7 paise to 85.83 against the US dollar in early trading on Tuesday. This decline was mainly due to large withdrawals of foreign investment and global economic uncertainty caused by the worsening trade war.

  A rise in crude oil prices also weighed on the rupee, although a weaker US dollar and a strong recovery in Indian stock markets helped limit the fall, according to forex traders.

  At the interbank foreign exchange market, the rupee opened at 85.89 and then strengthened slightly to trade at 85.83 against the dollar during early deals, 7 paise lower than its previous close. Meanwhile, the dollar index – which measures the strength of the US dollar against six major currencies – was down 0.23% at 102.73.

• 8 Apr 2025, 09:35:19 AM IST

  Stock markets live updates: Indian stocks rebound better than Asian peers

  Indian stocks joined their Asian peers for a rebound but performed better than the latter fell by over 8 per cent, Reuters reported.

  All the 13 major Indian sectors advanced at the open, and even the broader, more domestically focussed small-caps and mid-caps rose 2.6% and 2.2%, respectively.

• 8 Apr 2025, 09:25:31 AM IST

  Sensex surges 1,141.14 points, Nifty up by 401.10 points

  India's benchmark indices, BSE and NSE, rallied during the opening session on Tuesday, a day after falling around 3 per cent on Monday.

  At 9.15 am, the benchmark BSE Sensex was up by 1,141.14 points or 1.56 per cent, reaching 74,279.04. The broader NSE Nifty opened 401.10 points up or 1.81 per cent in the green, reaching 22,562.70.

• 8 Apr 2025, 09:12:20 AM IST

  Thailand stocks fall more than 4%

  Thailand stocks fell more than four percent at the opening on Tuesday. The Stock Exchange of Thailand (SET) on Monday banned short-selling on most stocks until April 11.

  The SET index opened nearly 50 points down from Friday's close of 1,125.21, compared with recent highs of around 1,400 before Trump was inaugurated in January.

• 8 Apr 2025, 08:52:06 AM IST

  Japanese stocks rebound amid reports of ‘priority’ in trade talks

  Asian markets opened higher on Tuesday, with Japan’s Nikkei 225 share benchmark shooting up more than 6% after it fell nearly 8% a day earlier. By late morning Tokyo time, the Nikkei 225 was up 6.5% at 33,148.52.

  The rebound comes after reports suggested that Japan could get priority in trade negotiations with the Trump administration. Treasury Secretary Scott Bessent, who along with US Trade Representative Jamieson Greer will lead US trade negotiations, said “I would expect that Japan is going to get priority” among trading partners thanks to coming forward very quickly.

• 8 Apr 2025, 08:30:09 AM IST

  Donald Trump says there will be no pause in tariffs that rattled global markets

  Donald Trump said on Monday that he would not pause his tariff agenda, which had sent global markets into a tailspin, raised fears of a global recession, and prompted several countries to call for negotiations.

  “There can be permanent tariffs and there can also be negotiations because there are things that we need beyond tariffs,” Trump added.

  A 10 per cent tariff on imports from all countries is already in effect and targeted reciprocal tariffs are set to roll out starting Wednesday.

• 8 Apr 2025, 08:12:20 AM IST

  Indonesia suspends trading briefly after stocks plunge 9%

  Indonesian stocks tanked more than nine per cent after opening on Tuesday following a long public holiday break, triggering a brief trading suspension for about 30 minutes.

  The benchmark Jakarta Composite Index fell 9.19 per cent, down 598.56 points to 5,912.06 as markets in Southeast Asia's biggest economy reopened after being closed since March 28 because of public holidays.

• 8 Apr 2025, 08:08:17 AM IST

  Hong Kong leader slams ‘reckless behaviour’ by US after stock market meltdown

  Hong Kong leader John Lee said that US President Donald Trumo's tariffs were "reckless" and undermined the international trade order. The city's stock market saw its worst day in nearly three decades.

  "The reckless imposition of tariffs affects many countries and regions around the world, with huge tax rate increases and covering a wide range of goods, disrupting the world economic and trade order, bringing great risks and uncertainties to the world," Lee told reporters. He also added that US's "ruthless behaviour damages global and multilateral trade".

• 8 Apr 2025, 08:00:29 AM IST

  Fintech companies take a big hit amid tariff war

  Financial technology companies like Robinhood and buy now, pay later provider Affirm have been caught in the whirlwind of President Donald Trump's sweeping tariffs, sending shares sharply downward amid fears about worsening consumer finances, Reuters reported.

  Global markets have been battered since Trump last week introduced a new baseline 10% U.S. tariff on goods from all economies.

• 8 Apr 2025, 07:50:46 AM IST

  China vows to ‘fight to the end’ against US tariffs

  China decried Trump's threat to add a further tariff of 50% on its goods as “blackmail”, after he demanded that Beijing withdraw its plans for counter-tariffs.

  “The US side's threat to escalate tariffs against China is a mistake on top of a mistake, once again exposing the American side's blackmailing nature. If the US insists on having its way, China will fight to the end,” China's commerce ministry said in a statement.