Today’s Market News |
Key developments to markets on Wednesday: |
|
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
44,556.34 | +10.26 | 0.02%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
20,041.26 | +14.49 | 0.07%Positive |
|
trading higher
S&P 500 Index
.SPX |
6,129.58 | +14.95 | 0.24%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
39,108.88 | -161.52 | 0.41%Negative |
|
trading lower
Hang Seng Index
.HSI |
22,842.31 | -134.50 | 0.59%Negative |
|
unchanged
S&P BSE SENSEX Index
.BSESN |
75,967.39 | — | — |
Equities
Asian stocks wavered after the S&P 500 and European shares ended at record highs, in face of U.S latest tariff threats on auto, semiconductor and pharmaceutical imports.
MSCI’s broadest of APAC ex-Japan (.MIAPJ0000PUS), fell 0.29% after hitting 3-month high earlier in the session.
Chinese tech stocks (.HSTECH), on a tear as DeepSeek and a meeting between Xi Jinping and business leaders in the sector lift sentiment.
Hang Seng fell 0.3% as investors took profits, it has risen over 13% YTD.
Hang Seng fell 0.3% as investors took profits, it has risen over 13% YTD.
Forex
USD on the front foot as geopolitical worries, including tense Russia-Ukraine negotiations boosted safe-haven flows.
NZD fell 0.35% to $0.5684 after its central bank flagged a steeper rate reductions following a 50 bps cut to 3.75% on Wednesday.
AUD eased 0.11% to $0.6347 a day after RBA delivered its first rate cut since 2020.
Commodities
Brent rose 0.11% to $75.92 a barrel as traders awaited U.S.-Russia talks outcome, if abandon sanctions on Russian oil.
XAU maintained at $2,933 an ounce, stalking the record high it touched last week on safe haven demand.
For more news visit Reuters.com
