April 11, 2025 — Global stock markets showed mixed performance on Friday as rising trade tensions between the United States and China rattled investors. China’s move to raise tariffs on American imports to 125% came swiftly after the U.S. escalated its own tariffs on Chinese goods to 145%, intensifying concerns over a prolonged trade war.
In response, U.S. stock futures inched higher, buoyed in part by strong corporate earnings. JPMorgan Chase reported better-than-expected first-quarter results, with earnings per share (EPS) of $5.07 on $45.31 billion in revenue, beating Wall Street estimates. CEO Jamie Dimon warned of “considerable turbulence” ahead, citing ongoing economic instability and geopolitical friction.
Meanwhile, gold prices soared past $3,200 per ounce, reaching an all-time high as investors shifted toward safe-haven assets amid the global financial uncertainty.
