Stock market today: Dow, S&P 500, Nasdaq futures slide as Trump threatens Apple, EU with new tariffs

Asian markets mostly advanced overnight Thursday as investors weighed regional economic data and fresh diplomatic signals between the US and China.

Japan’s Nikkei 225 (^N225) rose 1% with the government recording core inflation at 3.5%, the highest in over 2 years.

South Korea’s Kospi (^KS11) added 0.4% despite weakness in Korean tech stocks.

Australia’s S&P/ASX 200 (^AXJO) climbed 0.3%, led by gains in miners and banks.

Hong Kong’s Hang Seng Index (^HSI) and China’s CSI 300 (000300.SS) were flat at the open, as caution prevailed among investors navigating mixed economic signals from the mainland.

Many of the gains were driven by Chinese Vice Foreign Minister Ma Zhaoxu and U.S. Deputy Secretary of State Christopher Landau held a phone call, agreeing to keep communication open. The exchange, confirmed by China’s Foreign Ministry, comes amid efforts by both nations to stabilize ties following trade tensions and policy disputes.