Hang Seng Index Drops Amid New Tariff Warnings; Nikkei Gains on Yen Weakness
US equities markets performed middling on Wednesday, February 26, as investors weighed US President Donald Trump’s new tariff threats. Trump announced 25% tariffs on EU imports and stated that fresh duties on Canada and Mexico would take effect in April rather than March 4. The Nasdaq Composite Index and the S&P 500 rose 0.26% and…