By WSJ Staff
Nvidia $(NVDA)$, Intel $(INTC)$, Broadcom $(AVGO)$: Chip stocks largely rose in brisk premarket trading. TSMC $(TSM)$ was an exception, falling 3.8% in Taiwan amid a broader selloff there.
Tesla $(TSLA)$, Palantir $(PLTR)$: The car and tech companies, both favorites for individual investors, were also heavily traded before the bell. Shares rose.
So did those of Apple $(AAPL)$, Amazon $(AMZN)$, Meta Platforms $(META)$ and Microsoft $(MSFT)$. Apple, whose iPhone supply chain is highly exposed to tariffs on Asia, fell for three straight days through Monday.
Toyota Motor $(TM)$: The carmaker was a winner, as Japanese markets rallied on hopes Tokyo could negotiate lower tariffs with the U.S. Tech investor SoftBank (JP:9984) and semiconductor company Tokyo Electron (JP:8035) also jumped.
BYD (HK:1211): China's biggest automaker forecast a sharp jump in its first-quarter earnings. Shares rose 4.8% in Hong Kong.
Rheinmetall (XE: RHM), Babcock (UK:BAB): Defense stocks led the way in Europe, as markets there clawed back some of Monday's losses.
Levi Strauss $(LEVI)$: Chief Executive Michelle Gass said the jeans maker will be "surgical" with any price hikes, rather than making across-the-board changes in response to tariffs. Shares jumped 13% ahead of the open.
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(END) Dow Jones Newswires
April 08, 2025 05:55 ET (09:55 GMT)
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