Asian Markets Are Mixed After Wall St Tumbles Following Poor US Jobs Report
ASIAN MARKETS, AUG 4 – Asian stock markets saw mixed results as investors reduced risk amid U.S. tariffs and a weak July jobs report showing only 73,000 new jobs, deepening economic concerns.
- On Monday, Aug. 4, 2025, Asian markets flitted between gains and losses as investors digested last week's tariff measures and US jobs data.
- Last Friday’s levies of 10 to 41 percent on multiple trading partners unnerved investors, observers said.
- The two-year Treasury yield plunged to 3.68% from 3.94% just prior to the July jobs report, signaling increased risk aversion, observers said.
- US futures edged 0.3% higher early Monday as bets on Fed rate cuts at the September meeting surged, observers said.
- Amid growing uncertainty from US tariff policy, Walmart and Procter & Gamble warned that import taxes raise costs and erode profits.
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Nasdaq Composite Live: Markets Attempting to Recover from Post-Jobs Drop
Markets were doing well until the latest tariffs and a slowdown in jobs created uncertainty. Non-farm payrolls came in at 73,000 with prior months revised lower. With the latest numbers, investors are digesting what it could mean for interest rates. At the moment, investors are betting on reduced chances for a September cut. Unfortunately, the probability of a September fell to 40%, according to the CME FedWatch tool. With tariffs, Trump signed …
US stocks had their worst week since May after labor market data worried investors that there was a major economic slowdown under the influence of the new US administration's trade policies.
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