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Asia-Pacific Markets Open Higher After Wall Street Declines on Inflation Fears
Thursday, 13 February 2025 08:18 WIB | MARKET UPDATE |Nikkei 225Saham Asia indeks Topix

Asia-Pacific markets opened higher Thursday, breaking ranks with Wall Street that fell overnight as a stronger-than-expected U.S. inflation reading diminished prospects of policy easing by the U.S. Federal Reserve.

Australia's S&P/ASX 200 rose 0.2%.

Japan's Nikkei 225 rose 0.54% while the Topix climbed 0.52%. South Korea's Kospi traded 0.34% higher, while the small-cap Kosdaq rose 0.45%.

Hong Kong's Hang Seng index futures were at 22,072, also higher than the HSI's last close of 21,857.92.

Overnight in the U.S., the S&P 500 tumbled and bond yields spiked after consumer prices rose more than expected in January.

The broad market index slipped 0.27% to end at 6,051.97, and the Dow Jones Industrial Average tumbled 225.09 points, or 0.5%, to 44,368.56. The Nasdaq Composite eked out a 0.03% gain to close at 19,649.95.

Source : CNBC

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