Asian shares fell for a third consecutive session Tuesday, tracking US losses that dragged the Nasdaq 100 to its worst day since 2022, as anxiety mounts that tariffs and government firings will torpedo growth in the world’s largest economy.
Stocks rose late in the day following President Trump's statement dismissing recession fears despite Wall Street's concerns about the trade war. This occurred after stocks hit their lowest level since September. Analysts warn about risks to the stock market due to Trump's tariffs and potential slowing economic growth, with some downgrading their outlook on US stocks. Others suggest a 'wait and see' approach in uncertain markets.