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Global Markets Tumble as U.S. Stocks Soar Amid Tariff Uncertainty

7/4/2025

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Story summary
  • Global shares declined as U.S. stocks hit record highs before the July 9 tariff deadline.
  • Asian markets displayed mixed outcomes; Japan's Nikkei rose slightly, while South Korea's KOSPI fell by 2%.
  • The U.S. dollar dropped 11% in the first half of the year due to tariff uncertainties.
  • Gold prices increased by 26% this year, fueled by inflation concerns and geopolitical tensions.