Hong Kong’s Hang Seng index drops over 2% as investors assess Trump tariff threats

Asia-Pacific markets traded blended Tuesday as investors assessed U.S. President Donald Trump’s tariff threats.

Hong Kong’s Hang Seng Index fell 2.10%, whereas the Hang Seng tech index plunged 3.37% (view submit).

In the meantime, mainland China’s CSI 300 misplaced 0.36%.

South Korea’s Kospi index misplaced 0.37% in uneven whereas the small-cap Kosdaq declined 0.72%.

Over in Australia, the S&P/ASX 200 climbed 0.43%. The nation’s finances can be tabled by Treasurer Jim Chalmers later within the day.

Japan’s benchmark Nikkei 225 gained 0.73%, whereas the broader Topix index elevated 0.32%.

U.S. futures edged down marginally after the three key Wall Avenue indexes logged good points in a single day.

The Dow Jones Industrial Common jumped 597.97 factors, or 1.42%, to finish at 42,583.32. The S&P 500 added 1.76% and closed at 5,767.57, whereas the tech-heavy Nasdaq Composite gained 2.27% to settle at 18,188.59.

Shares of Tesla, which have fallen for 9 straight weeks, rose almost 12%, including to their Friday good points. Meta Platforms and Nvidia climbed greater than 3%.

— CNBC’s Pia Singh, Brian Evans and Hakyung Kim contributed to this report.