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ASX 200: ASX trims falls; Trump, Asian markets await China response

The ASX 200 trimmed a big intraday fall as US stock index futures and US Treasuries reversed early losses. Asian stocks are mixed with the Nikkei 225 down 3 per cent and the Hang Seng index turning up 1.3 per cent. Xi Jinping will visit Vietnam, Malaysia and Cambodia next week for a response to Trump's 145 per cent tariff war.

Investors and traders are stressed out as Trump's switching policies create havoc on equity markets. Picture: Spencer Platt/Getty Images
Investors and traders are stressed out as Trump's switching policies create havoc on equity markets. Picture: Spencer Platt/Getty Images

That's all from the Trading Day blog for Friday, April 11. The ASX 200 index closed down 0.8 per cent at 7646.5 points after falling as much as 2.4pc in early trading after big falls in Wall Street and an additional selloff in US stock futures and Treasuries before support emerged and both markets tuned up.  

Wall Street's major indexes all closed lower. The S&P 500 gave up 3.5 per cent, the Dow Jones index fell 2.5 per cent and the technology-focused Nasdaq shed 4.3 per cent.

Cryptocurrency giant bitcoin is just above $US80,000.

The Aussie dollar is trading around US62.47c.

Originally published as ASX 200: ASX trims falls; Trump, Asian markets await China response

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Original URL: https://www.couriermail.com.au/business/markets/asx-200-live-all-the-latest-trump-updates-business-results-updates-and-economic-news/live-coverage/d8e317ae0ae2589ae5ab97d0f54c9be7