Asia-Pacific markets rose Thursday, following Wall Street's biggest burst of buying since 2008 after U.S. President Donald Trump announced a 90-day pause on higher tariffs on all nations bar China.
Japanese markets led gains in the region. The benchmark Nikkei 225 rose 8.19%, while the broader Topix index advanced 7.44%.
South Korea's Kospi index surged 5.36%, while the small-cap Kosdaq gained 5.32%.
Australia's S&P/ASX 200 rose 4.69%.
Investors will be keeping a close watch on Chinese stocks, as the U.S. raised duties on imports from the Mainland to 125% after Beijing announced plans to retaliate with an 84% levy on American goods.
Mainland China's CSI 300 rose 1.60% while Hong Kong's Hang Seng Index advanced 3.92%.
U.S. futures rose after Trump's pledge to pause tariffs on some trading partners for 90 days spurred a massive surge on Wall Street.
Overnight stateside, the broad-based S&P 500 skyrocketed 9.52% to settle at 5,456.90 for its biggest one-day gain since 2008. This also marks its third-biggest gain in post-WWII history.
Meanwhile, the Dow Jones Industrial Average advanced 2,962.86 points, or 7.87%, to close at 40,608.45 for its biggest percentage advance since March 2020. The Nasdaq Composite jumped 12.16% to end at 17,124.97, notching its largest one-day jump since January 2001 and second-best day ever.
Source: CNBC
The S&P 500 fluctuated on Friday (January 2), the first trading day of 2026, as gains in semiconductor stocks tried to keep the index steady. The benchmark index was last up 0.1%, while the Nasda...
Britain's FTSE 100 index on Friday briefly surpassed the symbolic 10,000 points marker for the first time, extending gains after a bumper 2025. The FTSE 100 index — home to the U.K.'s most valuable b...
European equity markets extended their rally on the first trading day of 2026, with benchmark indices pushing to fresh record highs despite thin liquidity following the New Year holiday. Gains were le...
Asia-Pacific stock markets are expected to open mixed on Friday, marking a cautious start to the new year. This movement follows the New Year's Eve close of US markets, where the three major Wall Stre...
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative terr...
The S&P 500 fluctuated on Friday (January 2), the first trading day of 2026, as gains in semiconductor stocks tried to keep the index steady. The benchmark index was last up 0.1%, while the Nasdaq Composite fell 0.1%. Both indexes had...
Oil prices fell on Friday (January 2), the first trading day of 2026, after posting their biggest annual loss since 2020, as investors weighed oversupply concerns against geopolitical risks, including the war in Ukraine and Venezuelan...
Gold and silver steadied at the beginning of the year after their best annual performances since 1979 as traders assessed the reweighting of a benchmark commodity index that starts next week. Bullion gained as much as 1.9% on Friday before paring...
Stocks were little changed Wednesday as Wall Street got ready to close out a bumper year for equities.
Stocks are riding a three-session losing...
European stocks ended mixed on the last trading day of the year.
The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on...
European equity markets extended their rally on the first trading day of 2026, with benchmark indices pushing to fresh record highs despite thin...
Russia and Ukraine have accused each other of attacking civilians during New Year's celebrations. Moscow said a Ukrainian drone strike hit hotels...