US cuts down tariffs on Chinese goods to 47%

US equity markets ended the day sharply in red, yesterday, 30^th October, 2025. Nasdaq closed the day, down by 377.33 points or 1.57%. Dow Jones closed the day, down by 109.88 points or 0.23%. S&P 500 closed the day, down by 68.25 points or 0.99%. Technology stocks came under selling pressure. Meta’s stock price came down by more than 11% after the company announced that it will invest more in AI. Microsoft’s stock price came down by 2.90%.

US reduces tariff on China to 47%

US has reduced tariffs on China to 47% after the meeting between US President Donald Trump and Chinese President Xi Jinping.

ECB keeps interest rate unchanged

European Central bank (ECB) kept interest rate unchanged at 2% yesterday. Euro stoxx 50 ended the day, down 6.63 points or 0.12%. Dax ended the day, down by 5.32 points or 0.022%. FTSE 100 ended the day, up by 3.92 points or 0.040%. ECB said that Euro Zone economy is on path of recovery.

Nikkei rising again today

Nikkei 225 is rising and rising. At 8:55 a.m. IST, 31^st October,  it is up by 622.65 points or 1.21%. Hang Seng index is down by 217.28 points or 0.83%. Shanghai index is down by 24.28 points or 0.61%. Kospi is up by 17.68 points or 0.43%.

Indian equity markets may see a mixed day today

Indian equity markets are likely to see a mixed day again today. Some short term buying on dips may take place after the decline of yesterday. Consumption was very strong this Diwali season. This may give a boost to consumption stocks.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE