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A currency trader watches monitors adjacent a surface showing the Korea Composite Stock Price Index (KOSPI) astatine the overseas speech dealing country of the KEB Hana Bank office successful Seoul, South Korea, Tuesday, April 22, 2025. (AP Photo/Ahn Young-joon)
TOKYO – Asian shares were trading mixed amid planetary skepticism astir U.S. investments and President Donald Trump’s commercialized war.
Trading was cautious successful Asia, wherever the benchmark Nikkei 225 mislaid 0.3% to 34,174.38. Australia's S&P/ASX 200 was virtually unchanged, inching up little than 0.1% to 7,820.20. South Korea's Kospi gained 0.2% to 2,493.19. Hong Kong's Hang Seng slipped little than 0.1% to 21,387.51, portion the Shanghai Composite added 0.3% to 3,301.59.
On Wall Street the erstwhile day, the S&P 500 sank 2.4% successful different wipeout. That yanked the scale that’s astatine the halfway of galore 401(k) accounts 16% beneath a grounds acceptable 2 months ago.
The Dow Jones Industrial Average dropped 971 points, oregon 2.5%, portion losses for Tesla and Nvidia helped resistance the Nasdaq composite down 2.6%.
U.S. authorities bonds and the value of the U.S. dollar besides sank arsenic prices retreated crossed U.S. markets. That's an antithetic and worrying determination due to the fact that Treasurys and the dollar person historically strengthened during episodes of nervousness. This clip around, though, it’s policies straight from Washington that are causing the fearfulness and perchance weakening their reputations arsenic immoderate of the world’s safest investments.
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AP Business Writer Stan Choe contributed.
Copyright 2025 The Associated Press. All rights reserved. This worldly whitethorn not beryllium published, broadcast, rewritten oregon redistributed without permission.
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