Global markets tumble on Trump's tariffs [BNN Bloomberg (Canada)]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: BNN Bloomberg
The double-digit tariff hikes sent shivers across world markets, as economists warned it raises the risk of recession. The future for the S&P 500 dropped 3.1% while that for the Dow Jones Industrial Average lost 2.6%, auguring potential losses when U.S. markets reopen on Thursday. Germany's DAX fell 1.7% to 21,998.48, while the CAC 40 in Paris lost 1.8% to 7,716.66. Britain's FTSE 100 shed 1.2% to 8,506.44. In Asian trading, Tokyo's Nikkei 225 index dipped 4% briefly, with automakers and banks taking big hits. It closed down 2.8% at 34,735.93. Mitsubishi UFJ Financial Group's shares plunged 7.2% as the potential impact of the 24% tariffs on the export-dependent Japanese economy dashed expectations that the central bank will keep raising interest rates. Mizuho Financial Group skidded 8%. Sony Corp.'s stocks sank 4.8% and Toyota Motor Corp. gave up 5.2%. Japan's yen gained , with the U.S. dollar falling to 147.42 Japanese yen from 149.28 yen. The euro rose to $1.0952 from $
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MUFG
Earnings
- 11/17/25 - Beat
MUFG
Sec Filings
- 12/16/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/28/25 - Form 6-K
- MUFG's page on the SEC website