Dollar Rises Amid Trade Deal Uncertainty, Yen and Franc Strengthen 
U.S. Signals Possible Tariff Rollback Amid China Trade War Uncertainty 
UBS Forecasts Continued Weakness for U.S. Dollar Despite Recent Bounce 
BoJ Rate Hike Odds Rise as Tokyo Inflation Surges Beyond Expectations 
Dollar Pauses After Bounce as Fed and Tariff Jitters Ease 
South Korea Seeks Swift Resolution on U.S. Auto Tariffs Amid Export Decline 
World Bank Urged to Boost Lending as US, Europe Slash Foreign Aid 
AI Stock Rally Lifts Futures as Alphabet Leads Tech Surge 
Japan’s Factory Slump Deepens in April While Services Sector Rebounds 
Asian Stocks Struggle Amid U.S. Tariff Tensions and Fed Criticism 
South Korea’s Economic Growth Stalls Amid Tariffs and Political Turmoil 
Japan Stock Market Nears Bottom, BofA Sees Recovery by Late 2025 
IMF Says BOJ May Delay Rate Hikes Amid Tariff Uncertainty 
Thailand’s Exports Surge to 3-Year High Despite U.S. Tariff Risks 
Oil Prices Inch Up but Face Weekly Loss on OPEC+, Geopolitical Developments 
Wall Street Rallies on Trump’s Softer Tone and Tesla Boost 
Malaysia Weighs Growth Forecast Cut as U.S. Tariff Deadline Looms 
U.S. stock index futures rose sharply Monday evening following a volatile trading session driven by tariff rumors and policy uncertainty. As of 20:02 ET (00:02 GMT), S&P 500 Futures climbed 1.1% to 5,151.50, Nasdaq 100 Futures gained 1.2% to 17,763.0, and Dow Jones Futures advanced 1.3% to 38,650.0.
Markets saw wild swings during regular hours as unconfirmed reports suggested President Donald Trump might consider a 90-day tariff pause for all countries except China. This triggered a temporary rally, reversing early losses. However, the White House swiftly denied the rumor, sending markets back down. Later, Trump threatened an additional 50% tariff on Chinese goods if Beijing fails to withdraw its new 34% tariffs on U.S. products by April 8, 2025, deepening investor concerns.
By the close, the Dow dropped 349 points or 0.9%, the S&P 500 dipped 0.2%, while the Nasdaq edged up 0.1%. Despite overall market pressure, tech stocks rebounded, with Nvidia (NASDAQ:NVDA) jumping 3.5% and Broadcom (NASDAQ:AVGO) rising 5.4%. Amazon (NASDAQ:AMZN) and Meta (NASDAQ:META) also recovered, though Apple (NASDAQ:AAPL) fell 3.7% and Tesla (NASDAQ:TSLA) slid 2.6%.
President Trump reiterated his stance on reciprocal tariffs, downplaying the idea of a policy pause. However, Treasury Secretary Scott Bessent signaled potential openness to global negotiations, as 50 countries reportedly reached out to the U.S. for talks, according to Reuters.
Investor attention remains focused on trade developments and the possibility of tariff relief. Market volatility is likely to persist amid ongoing geopolitical tensions and policy shifts.
