Asia-Pacific markets traded mixed Friday after Wall Street gained on a better-than-expected jobs report eased investors' concerns of a slowdown in the U.S. economy.
Japan's Nikkei 225 benchmark was flat in choppy trade while the broader Topix index added 0.15%.
In South Korea, the Kospi index fell 0.56% while the small-cap Kosdaq declined by 0.8%.
Over in Australia, the S&P/ASX 200 moved up 0.21%.
Futures for Hong Kong's Hang Seng index stood at 23,991, pointing to a lower open compared to the HSI's last close of 24,069.94.
Overnight stateside, U.S. stocks rose with the broad-based S&P 500 and tech-heavy Nasdaq Composite hitting fresh record highs, following the better-than-expected jobs report.
The Dow Jones Industrial Average advanced 344.11 points, or 0.77%, settling at 44,828.53. The S&P 500 added 0.83% to close at 6,279.35, while the Nasdaq gained 1.02% and ended at 20,601.10. Both the S&P 500 and the Nasdaq Composite also closed at records.
U.S. markets are closed on Friday for the Independence Day public holiday.
Source : CNBC
Tested EN...
Asian stock markets weakened for the second consecutive day, indicating that the initial rally that had been "speedy" at the start of the year is starting to lose steam. At the same time, US governmen...
US stocks were mixed on Wednesday as investors weighed uneven economic data against expectations for eventual Federal Reserve easing, with the S&P 500 easing 0.2% and the Dow Jones sliding 0.8% fr...
European stocks were in mixed territory on Wednesday morning, as regional market jitters grow over U.S. President Donald Trump's threat to annex Greenland. The pan-European Stoxx 600 was little chang...
Asian stock markets weakened slightly on Wednesday after posting their best start to the year in history. The decline was driven by a decline in Japanese stocks amid escalating tensions with China. Th...
Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more...
Gold prices weakened slightly on Thursday (February 12th), as more solid US employment data reduced market confidence in an imminent Federal Reserve interest rate cut. The strong employment data prompted market participants to shift expectations of...
The Hang Seng Index reversed its downward trend in Hong Kong on Thursday (February 12th), weakening by around 0.9% to around 27,000 after a strong session earlier. This decline halted the momentum of the short term rally, as investors began to...