Global Stock Market Performance on January 21, 2025: Mixed Reactions to U.S. Tariff Announcements

On January 21, 2025, global financial markets exhibited mixed performances across various regions. Here's a detailed overview:

Americas:

• S&P 500: Closed at 5,996.66, up 1.00%.
• Dow Jones Industrial Average: Ended at 43,487.83, rising 0.78%.
• Nasdaq Composite: Reached 19,630.20, gaining 1.51%.
• Russell 2000 Index: Finished at 2,275.88, up 0.40%.
• S&P/TSX Composite Index (Canada): Closed at 25,171.58, increasing by 0.41%.
• IBOVESPA (Brazil): Ended at 122,634.39, up 0.18%.

Europe, Middle East, and Africa:

• DAX PERFORMANCE-INDEX (Germany): Closed at 20,963.45, a slight increase of 0.13%.
• FTSE 100 Index (UK): Ended at 8,523.63, marginally up by 0.036%.
• CAC 40 (France): Finished at 7,737.52, rising 0.052%.
• IBEX 35 (Spain): Closed at 11,885.50, up 0.49%.
• EURO STOXX 50: Ended at 5,154.24, gaining 0.20%.
• S&P EURO: Closed at 2,234.83, up 0.99%.

Asia Pacific:

• Nikkei 225 (Japan): Closed at 39,027.98, increasing by 0.32%.
• SSE Composite Index (China): Ended at 3,242.62, a slight rise of 0.054%.
• Hang Seng Index (Hong Kong): Finished at 20,106.55, up 0.91%.
• BSE SENSEX (India): Closed at 75,838.36, down 1.60%.
• NIFTY 50 (India): Ended at 23,045.30, decreasing by 1.28%.
• S&P Asia 50: Closed at 5,533.01, up 2.41%.

Key Influences:

• U.S. Tariff Announcements: President Donald Trump's indication of imposing 25% tariffs on imports from Mexico and Canada introduced volatility in global markets. While U.S. indices showed gains, the announcement led to fluctuations in currencies and commodities. citeturn0news13

• Indian Markets: Despite opening higher, Indian indices experienced a downturn by the end of the trading session. The BSE SENSEX fell by 1.60%, and the NIFTY 50 decreased by 1.28%. This decline was attributed to profit-booking and reactions to global cues. citeturn0search1

• European Markets: Major European indices like the DAX, FTSE 100, and CAC 40 recorded marginal gains, reflecting cautious optimism amid global trade uncertainties.

• Asian Markets: The Nikkei 225 and Hang Seng Index posted gains, while Chinese markets remained relatively stable. The S&P Asia 50's notable rise of 2.41% indicates strong performance in select Asian equities.

Overall, January 21, 2025, showcased a complex interplay of regional market movements influenced by geopolitical developments and investor sentiment.