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

Amazon jumps into AI vibe coding with preview of Kiro
World

Amazon jumps into AI vibe coding with preview of Kiro

Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference on July 9, 2025, in Sun Valley, Idaho. Kevin Dietsch | Getty Images Amazon’s cloud unit said Monday that it has released a preview of Kiro, a program that developers can use to write code with help from artificial intelligence. In a post […]

Read More
India’s inflation cools to 2.1% in June, extending slide to more than 6-year lows
World

India’s inflation cools to 2.1% in June, extending slide to more than 6-year lows

A laborer loads consumer goods onto a supply cart at a wholesale market in Kolkata, India, on November 11, 2024. Nurphoto | Nurphoto | Getty Images India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The headline inflation rate extended its slide after dropping to a more […]

Read More
What Trump’s 30% tariff threat means for the European Union — in charts
World

What Trump’s 30% tariff threat means for the European Union — in charts

Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S. […]

Read More