April 02, New Delhi: Global markets reacted negatively on Thursday as concerns about a potential war between Iran and other countries intensified following US President Donald Trump’s address.
US stock futures fell by approximately 1.3%, while European futures declined by over 2%. In Asia, the Nikkei in Japan declined by 2.4%, and the Kospi in South Korea plummeted by 4.7%. MSCI's broadest Asia-Pacific index (excluding Japan) fell by over 2%. Treasury yields rose, with the 10-year note reaching 4.376%.
In the precious metals market, global gold fell by more than 1% to $4,670 per ounce, and global silver dropped by over 4% to near $72 per ounce, reflecting heightened investor caution amid escalating geopolitical tensions.
