{"id":121417,"title":"What happened overnight – Tuesday 8th April 2025","publisher":"Share Talk","author":"sharetalk","published":"2025-04-08T06:38:54+00:00","modified":"2025-04-08T06:39:31+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-tuesday-8th-april-2025/","markdown_url":"https://www.share-talk.com/what-happened-overnight-tuesday-8th-april-2025.md","json_url":"https://www.share-talk.com/what-happened-overnight-tuesday-8th-april-2025.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["AI-focused","Asia","Asia-Pacific index","Asian market","Asian markets","Asian trading","Bank of England","Bank of Japan","Bank of New York","Beijing","bond market","Brent Crude","china","chips","currency","Dow Jones","European Union","Federal Reserve","Hong kong","India","Jakarta","Japan","JP Morgan","Manila","Nikkei","Nvidia","Russia","semiconductor","Sensex","Seoul","shanghai","Shenzhen Composite Index","Singapore","South Korea","Sydney","Taipei","Treasury yields","U.S. bond market","U.S. dollar","U.S. stocks","U.S. Treasury","US recession","USA","Wall Street","Wellington","White House"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/overnight.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Asian markets showed mixed performances** on Tuesday, with Japan’s Nikkei 225 surging more than 6% in early trading, rebounding after a sharp 8% decline the previous day.\n\nIn contrast, **markets in Thailand and Indonesia plunged** as they reopened following holidays. In Jakarta, trading was temporarily halted when the JSX index plummeted over 9%; it was still down 7.5% by midday. Thailand’s SET index dropped 5.7%.\n\n**Taiwan’s Taiex fell 4.4%**, dragged down by heavy losses in **Taiwan Semiconductor Manufacturing Co. (TSMC)**—the world’s leading chipmaker. TSMC shares slid 4% on Tuesday and have now fallen 13.5% since President Trump announced his “liberation day” tariffs last week.\n\n**Hong Kong’s Hang Seng** managed a modest rebound, gaining 1.6% to close at 20,140.78. However, this was far from recouping the 13.2% slump on Monday—its worst day since the 1997 Asian financial crisis. Meanwhile, the **Shanghai Composite rose 0.9%** to 3,124.77.\n\n**South Korea’s Kospi inched up 0.1%** to 2,331.80, while **Australia’s S&P/ASX 200 rose 1.7%** to 7,471.10. **Markets in both Australia and New Zealand** also ended the day higher.\n\nOn **Wall Street**, the **Dow Jones Industrial Average fell 0.9%** to 37,965.60. The **S&P 500 slipped 0.2%** to 5,062.25, while the **Nasdaq Composite edged up 0.1%** to 15,603.26.\n\nIn the **bond market**, **U.S. Treasury yields climbed** amid optimism that some countries may strike tariff-avoidance deals with President Trump. The yield on the 10-year Treasury note rose to 4.177%, up from 4.009% on Friday."}