Asia And Europe Markets Gain On Partial US Reciprocal Tariff Exemptions; Dollar Hits Multi-Month Low - Global Markets Today While US Slept

On Friday, April 11, U.S. markets closed higher, with all three major indexes posting strong gains, fueled by upbeat bank earnings and reassuring comments from Federal Reserve officials. The S&P 500 and Dow recorded their largest weekly percentage gains since November 2023, while the Nasdaq notched its best week since November 2022.

Despite volatility driven by ongoing U.S.-China trade tensions and inflation concerns, investor sentiment improved following better-than-expected earnings from JPMorgan, Morgan Stanley, and Wells Fargo.

On the economic front, producer prices rose 2.7% in March, below the 3.3% forecast, while the monthly figure fell 0.4%—the sharpest drop since 2023.

All 11 major S&P 500 sectors ended in positive territory, with materials and technology leading the gains.

The Dow Jones Industrial Average climbed 1.56% to 40,212.71, the S&P 500 rose 1.81% to 5,363.36, and the Nasdaq Composite advanced 2.06% to close at 16,724.46.

Asia Markets Today

On Monday, Japan’s Nikkei ...

https://www.benzinga.com/markets/forex/25/04/44784834/asia-and-europe-markets-gain-on-partial-us-reciprocal-tariff-exemptions-dollar-hits-multi-month-low