Singapore's stock market initially rose but then fell due to new US tariffs affecting global markets.

Singapore's stock market rose by nearly 60 points or 1.6%, but faced a drop on Monday due to new US tariffs on Mexico, Canada, and China, causing concerns about inflation. The tariffs led to a decline in both US and Asian markets, with the Dow, NASDAQ, and S&P 500 closing in the red. In Singapore, the Straits Times Index fell by 1.5% as investors reacted to the tariff news.

2 months ago
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