Saturday, 19 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Asia-Pacific Markets Open Mixed As Investors Digest A Slew Of Economic Data In The Region
Thursday, 23 January 2025 08:46 WIB | MARKET UPDATE |Bursa Asia

Asia-Pacific markets opened mixed on Thursday (1/23) as investors digested a slew of economic data in the region. Australia's S&P/ASX 200 traded 0.42% lower at the open. Japan's Nikkei 225 rose 0.38% at the open, while the Topix gained 0.25%. South Korea's Kospi fell 0.21% and the Kosdaq traded 0.13% lower at the open. South Korea's economy grew 1.2% year-on-year in the fourth quarter, marking its slowest expansion since the second quarter of 2023.

Hong Kong's Hang Seng Index futures were at 19,924, higher than the HSI's last close of 19,778.77. Singapore is expected to report inflation figures for December. The Bank of Japan also holds its next policy meeting today and tomorrow, with BOJ Governor Kazuo Ueda signaling an intention to raise interest rates.

Overnight in the U.S., the three major indexes rose, with the S&P 500 hitting a new all-time high as tech stocks such as Oracle and Nvidia rallied on optimism about artificial intelligence and President Donald Trump's new term.

The S&P 500 gained 0.61% after hitting an intraday record of 6,100.81, surpassing the milestone last reached in December before the market slumped. The overall index closed at 6,086.37, just below its all-time closing high.

The Nasdaq Composite jumped 1.28% to 20,009.34, underscoring the outperformance of technology stocks. The Dow Jones Industrial Average rose 130.92 points, or 0.3%, to 44,156.73, boosted by Procter & Gamble's nearly 2% gain on strong earnings. (AL)

Source: CNBC

RELATED NEWS
US Stocks Mostly Flat as Trump Pushes EU Tariffs...
Saturday, 19 July 2025 03:38 WIB

Stocks in the US closed near the flatline on Friday as investors weighed President Trump's push for higher tariffs on the European Union against strong economic data and corporate earnings. The S&...

S&P 500, Nasdaq Pull Back from New Highs...
Friday, 18 July 2025 23:38 WIB

The S&P 500 briefly touched an all-time high before hovering flat in the afternoon session, while the Nasdaq dipped 0.2% as investors weighed strong economic data against latest batch of corporate...

S&P And Nasdaq Hit Records ...
Friday, 18 July 2025 22:40 WIB

The S&P 500 rose 0.2% and the Nasdaq gained 0.4% on Friday (July 18), extending gains after both indexes closed at record highs the previous day. Meanwhile, the Dow Jones Industrial Average hovere...

European Stocks Rise for 2nd Day...
Friday, 18 July 2025 14:31 WIB

The STOXX 50 gained 0.4% and the STOXX 600 rose 0.3% on Friday, as investors closely monitored corporate earnings and news, while staying on edge for any signs of progress in trade negotiations betwee...

Australian stocks hit record high as Asia-Pacific markets track Wall Street gains ...
Friday, 18 July 2025 08:03 WIB

Australian equities notched a record high as Asia-Pacific markets tracked Wall Street gains on the back of strong U.S. economic data reports and a slew of better-than-expected corporate earnings. Aus...

LATEST NEWS
Trump threatens tariffs on BRICS nations, vows to protect dollar

Former U.S. President Donald Trump threatened to impose tariffs on members of the BRICS group of nations on Friday, warning the alliance would quickly collapse if it ever becomes a significant economic force. "When I heard about this group from...

US Stocks Mostly Flat as Trump Pushes EU Tariffs

Stocks in the US closed near the flatline on Friday as investors weighed President Trump's push for higher tariffs on the European Union against strong economic data and corporate earnings. The S&P 500 and Nasdaq 100 finished mostly muted near...

Waller says he's willing to lead Fed if Trump asks, but no contact so far

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but so far Trump has not contacted him about it. "In...

POPULAR NEWS
US annual PPI inflation weakened to 2.3% in June, compared to the 2.5% forecast.
Wednesday, 16 July 2025 19:45 WIB

The Producer Price Index (PPI) for final demand in the US rose 2.3% annually in June, according to data published by the US Bureau of Labor...

Fed's Logan says her base case calls for holding rates steady a while longer
Wednesday, 16 July 2025 07:43 WIB

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays low in the face of...

US Weekly Jobless Claims Fall 7,000 to 221,000; Estimated 233,000
Thursday, 17 July 2025 20:13 WIB

Unemployment claims fell 7,000 to 221,000 in the week ending July 12, compared with the median estimate of 233,000, according to Labor Department...

Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation
Wednesday, 16 July 2025 04:43 WIB

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian...