Huo Xing Finance reports that on April 2, due to Trump failing to provide a clear ceasefire timeline in his national address, stock markets in Japan and South Korea plunged. Japan's Nikkei 225 Index erased its early gains and is now down 1.1% at 53,151.80 points; South Korea's KOSPI Index dropped 3.00% intraday, currently trading at 5,313.97 points. Trump's remarks dampened market hopes for a swift resolution to the Iran conflict. Trump stated that the United States is about to achieve all its military objectives and will launch extremely intense strikes against Iran within the next two to three weeks. (Jinshi)
Trump's remarks spook markets; Japan and South Korea indices fall
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Trump’s remarks triggered a surge in the Fear & Greed Index, sending shockwaves through Asian markets. On April 2, 2026, Japan’s Nikkei 225 fell 1.1% to 53,151.80, and South Korea’s KOSPI dropped 3.00% to 5,313.97. Investors flocked to altcoins as tensions over Iran escalated. Trump stated that the U.S. was close to achieving its military objectives and would soon launch strikes, dashing hopes for a swift resolution.
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