Asian Markets Mixed Amid Cautious Trades
From Nasdaq: 2025-02-18 22:17:31
Asian stock markets are trading mixed on Wednesday, following positive cues from Wall Street and hopes for peace in Ukraine. President Trump threatens tariffs on automobile and semiconductor imports.
The Australian stock market is notably lower, with the S&P/ASX 200 falling to near 8,400. Mining stocks are up while oil and tech stocks are down. Big four banks are declining. Wage price index missed expectations.
The Japanese stock market is modestly lower on Wednesday, with weakness in exporters and automakers. Technology and financial stocks are up. Japan posts a trade deficit in January.
On Wall Street, stocks showed a lack of direction but closed with modest gains. European markets moved higher. Crude oil prices rose on supply concerns after a drone attack in Russia.
Read more at Nasdaq: Asian Markets Mixed Amid Cautious Trades