Asian stocks rocked overnight as NZX gets set for more volatility

The S&P 500 dropped 2.3% on open before recovering. (Image: Corey Fleming)

Tue, 08 Apr 2025

Market turmoil deepened overnight as United States President Donald Trump signaled no retreat from his trade policies despite escalating fears of a global recession. Ahead of the market opening on Tuesday, Hamilton Hindin Greene investment adviser Jeremy Sullivan said it was difficult to forecast what the NZX had in store. “It's very difficult to say. Futures are pointing to another downward day for us,” Sullivan said.The NZX 50 benchmark fell 3.68% to 11,775.88 points on Monday, taking year-to-date losses to 9.89%. Th...

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