Reported 3 days ago
Asian stock markets experienced gains on Friday as Wall Street's struggles from the previous year continued into 2025. Notably, the Hang Seng index rose 1% despite concerns over possible tariff increases by Donald Trump. Meanwhile, the U.S. futures and oil prices saw a modest uptick. In Japan, markets were closed for the New Year holiday, while South Korea's Kospi gained 1.9%. Despite significant losses from U.S. stocks like Tesla, which fell 6.1% due to disappointing vehicle deliveries, investors remain cautiously optimistic about the tech sector, particularly around AI developments.
Source: YAHOO