S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe FTSE 100 traded lower for a second consecutive day, dropping 0.9% on Tuesday after a 0.4% decline on Monday, marking its worst two-day performance since November. Investors are unsettled by renewed trade tensions, tariff concerns linked to President Donald Trump’s rhetoric, and turmoil in Japanese government bonds, which has spilled over into global markets. UK economic data added to the cautious mood. Wage growth held at 4.7%, while unemployment remained at 5.1%, its highest level since 2021, signalling a cooling labour market. More concerning, UK firms cut jobs at the fastest pace since 2020, and payroll data showed a 43,000 drop in employment in December, double expectations. Despite this, traders barely adjusted their expectations for Bank of England rate cuts, with markets seeing little chance of a reduction in interest rates in the coming months.
DAX Falls for 3rd Day
The DAX 40 was down for a third day on Tuesday, falling over 1% to around 24,700, the lowest since early January, amid escalating transatlantic tensions and renewed tariff uncertainty. President Donald Trump is further raising his stakes on Greenland, and tensions with European countries are rising, with threats of 200% tariffs on wine and champagne.
