Financial Market Preview - Friday 4-Apr
US equity futures are lower Friday. European markets opened weaker, and Asian equities ended sharply lower again. Markets remained heavily risk-off following President Trump’s harsher-than-anticipated reciprocal tariff announcements. China warned of countermeasures if tariffs persist, while Canada's Prime Minister Carney proposed retaliatory tariffs on US autos. Despite significant market turmoil, Trump remained firm, indicating no plans to soften tariffs unless "phenomenal" trade concessions are offered, including a possible China deal on TikTok. Investors are now focused on Friday’s nonfarm payrolls report and Fed Chair Powell’s upcoming speech for further insight into the economic and policy implications.Companies Mentioned: Brookfield Infrastructure Partners, Blackstone, Capri Holdings, Prada