Asia markets to open mixed even as Wall Street notches fresh records

Asia markets to open mixed even as Wall Street notches fresh records


The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022.

Steven Saphore | Anadolu Agency | Getty Images

Asia-Pacific markets opened mixed on Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records.

Traders in Asia will assesses monthly consumer price index figures out of Australia, set to be released later in the day. A poll from Reuters expects the monthly CPI indicator to have risen 2.3% in October year on year, from 2.1% in September.

Australia’s S&P/ASX 200 was trading up 0.5%.

Japan’s Nikkei 225 opened to trade down 0.35%, while the broad-based Topix dropped 0.5%.

The South Korean blue-chip Kospi index was down 0.4% at open, while small-cap Kosdaq dropped 0.65%.

Hong Kong Hang Seng index futures were at 19,172 slightly higher than the HSI’s last close of 19,159.2.

In the U.S. on Tuesday, the blue-chip Dow advanced 123.74 points, or 0.28%, to a record close of 44,860.31, while the S&P 500 added 0.57% to a record 6,021.63. The Nasdaq Composite jumped 0.63% to 19,174.30.

The strong performance came after U.S. President-elect Donald Trump called for a 25% tariff on products from Mexico and Canada, as well as an additional 10% levy on Chinese goods.

He has already said he would impose a tariff of up to 20% on all imports, and an additional duty of at least 60% on products from China.

According to one market analyst that spoke to CNBC, market participants appeared to look past Trump’s announcement as they either expect the taxes to not actually come to fruition, or they have already been priced in by traders.

— CNBC’s Samantha Subin and Alex Harring contributed to this report.



Source

U.S. announces zero tariff pharmaceutical deal with Britain
World

U.S. announces zero tariff pharmaceutical deal with Britain

U.S. President Donald Trump and British Prime Minister Keir Starmer hold a press conference following their meeting at Chequers, near Aylesbury, Britain, Sept. 18, 2025. Kevin Lamarque | Reuters The United States announced a deal with Britain for zero tariffs on pharmaceutical products and medical technology on Monday which will lead to Britain spending more […]

Read More
Persistent inflation may delay cuts, says Bank of England rate-setter
World

Persistent inflation may delay cuts, says Bank of England rate-setter

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Megan Greene, external member of the Monetary Policy Committee at the Bank of England discusses her inflationary outlook for the forthcoming months, the impact of the UK budget on monetary policy, and her forecast for economic growth across the UK economy. Source

Read More
Nvidia takes  billion stake in Synopsys with expanded computing power partnership
World

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. As part of the multiyear partnership, Nvidia will help Synopsys accelerate its portfolio of compute-intensive applications, advance agentic AI engineering, expand cloud access and develop joint go-to-market initiatives, […]

Read More