Friday, 18 July 2025
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Asia-Pacific markets open mixed as U.S. economic uncertainties linger
Friday, 21 March 2025 07:23 WIB | MARKET UPDATE |Bursa Asia

Asia-Pacific markets opened mixed, as Wall Street losses and uncertainty around the U.S. economy continued to weigh on equities.

Australia's S&P/ASX 200 traded 0.12% higher.

Japan's Nikkei 225 rose 0.34% while the Topix added 0.27%. South Korea's Kospi slipped 0.16% while the small-cap Kosdaq dipped 0.86%.

Hong Kong's Hang Seng index futures were at 24,065 also weaker than the HSI's last close of 24,219.95.

Japan's headline inflation rose 3.7% year on year in February, easing from a two-year high of 4% seen in January.

U.S. stock futures traded around the flatline after an attempt at extending Wednesday's Federal Reserve-fueled rally sputtered.

Overnight in the U.S., the S&P 500 slipped 0.22%, thwarting the market's attempts at recovery from a monthlong rout to close at 5,662.89. The Nasdaq Composite slid 0.33% to end the day at 17,691.63, weighed down by losses in Apple and Alphabet. The Dow Jones Industrial Average inched down 11.31 points, or 0.03%, and closed at 41,953.32.

Source: CNBC

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