Asian Stocks Recover While Wall Street Starts 2025 with Losses

Reported 10 months 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

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