Asia-Pacific stocks traded mixed on Thursday, tracking losses on Wall Street as investors weighed U.S. President Donald Trump's 25 percent tariffs on auto imports.
Japan's benchmark Nikkei 225 index ended the day 0.6 percent lower at 37,799.97, while the broader Topix index was flat at 2,815.47.
In South Korea, the Kospi index fell 1.39 percent to 2,607.15 while the small-cap Kosdaq index dropped 1.25 percent to 707.49.
Mainland China's CSI 300 index ended the day 0.33 percent higher at 3,932.42 while Hong Kong's Hang Seng Index closed up 0.41 percent at 23,578.80.
India's benchmark Nifty 50 index was trading 0.52% higher while the broader BSE Sensex was up 0.49% at 1:50 p.m. ET.
Australia's S&P/ASX 200 ended 0.38% lower at 7,969.
U.S. futures edged lower after all three major Wall Street indexes posted losses overnight.
The S&P 500 fell 1.12% to end at 5,712.20, while the Dow Jones Industrial Average dropped 132.71 points, or 0.31%, to close at 42,454.79. The tech-heavy Nasdaq Composite dropped 2.04% to close at 17,899.01, as Nvidia shares fell nearly 6%.
Big tech names like Meta Platforms and Amazon fell more than 2%, while Alphabet dropped more than 3%. Tesla down more than 5%.(Newsmaker23)
Source: CNBC
European stocks closed higher Thursday, as investors reacted to the latest policy decision by the European Central Bank as well as key U.S. inflation data. The DAX index in Germany climbed 0.3%, the ...
US stocks were in the green on Thursday, with the S&P 500 adding 0.3% to hit new highs, while the Nasdaq was up 0.3% and the Dow Jones rose almost 200 points as investors digested the latest US CP...
European stocks edged higher on Thursday ahead of the ECB policy decision and the US CPI release. At 07:05 GMT, Germany's DAX rose 0.1%, France's CAC 40 +0.3%, and the UK's FTSE 100 +0.3%. Gains were ...
Asian stocks moved mixed on Thursday after Wall Street rallied and pushed the S&P 500 to a new record. A decline in US producer price inflation (PPI) bolstered confidence that the Fed could cut in...
The S&P 500 notched a second straight record-high close on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the U.S. Federal Reserve will cut interest rat...
The US dollar weakened on Friday after a surge in jobless claims and a moderate rise in inflation made markets increasingly confident that the Fed would cut interest rates next week—and possibly further thereafter. The dollar index stood at 97.585,...
The Nikkei 225 rose 0.7% to around 44,700 and the Topix gained 0.5% to 3,165 on Friday, with Japanese equities hitting fresh record highs in step with Wall Street's overnight rally. On Thursday, all three major US benchmarks closed at all-time...
The Gold price (XAU/USD) edges lower to around $3,630 during the early Asian session on Friday. The precious metal retreats from a record high on some profit-taking. Nonetheless, the rising bets of the US Federal Reserve (Fed) rate cut in the...
The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday...
Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in...
The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark...
The International Monetary Fund on Thursday said the Federal Reserve has scope to lower interest rates because of the weakening U.S. labor market,...