<div id="readability-page-1">Most major stock indexes across the globe ended the week lower over tariff jitters, while the focus also remained on corporate earnings. President Trump unveiled a broad set of tariff hikes, keeping the baseline rate at 10% but sharply increasing duties on countries like India, Canada, and Switzerland. As a result, the average U.S. tariff rate will...</div>

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<p>Global stock indexes fell due to tariff concerns and disappointing U.S. jobs data. President Trump announced tariff hikes, raising the average U.S. tariff rate to 15%. The S&P 500 dropped 2.5%, while European equities fell 3.3%. Major corporate news included profit drops for HSBC and Anheuser-Busch, while AstraZeneca exceeded revenue expectations. The Asia-Pacific markets also declined amid trade uncertainties, with China's factory activity contracting and Japan's manufacturing sector shrinking. The Bank of Japan maintained its interest rate at 0.5%.</p>

- Most major stock indexes worldwide closed the week lower due to concerns over tariff increases and ongoing corporate earnings reports.  
- President Trump announced significant tariff hikes, maintaining a baseline rate of 10% while raising duties on countries such as India, Canada, and Switzerland.  
- This move is expected to impact the average U.S. tariff rate significantly.

Top global stories this week: HSBC, AstraZeneca, Nissan among notable names