Mixed Asian markets react to Federal Reserve decision, with different indices moving in various directions.

From Nasdaq: 2024-12-17 21:32:05

Asian stocks were mixed as investors awaited the Federal Reserve’s interest-rate decision, expected to cut rates by 25 basis points. The U.S. dollar held steady, gold rose, and oil prices were mixed. China’s Shanghai Composite and Hong Kong’s Hang Seng index climbed, while Japan’s Nikkei fell. Honda Motor shares dropped, while Nissan Motor surged on merger talks. Seoul stocks rose, with Samsung Electronics up. Australian markets saw modest gains, with healthcare stocks rising. New Zealand’s index was down. U.S. stocks ended lower on strong retail sales data. European stocks fell amid political upheavals in Germany and France.



Read more at Nasdaq: Asian Shares Mixed Ahead Of Fed Verdict