From Nasdaq: 2025-05-06 04:41:00

Asian stocks ended mixed as investors monitored trade negotiations and awaited further policy action from Beijing. The dollar struggled against strong Asian currencies, with the Taiwanese dollar surging the most since 1988. Gold jumped over 1% to a two-week high, and oil prices rose over 2% due to rising tensions in the Middle East. Chinese stocks surged after Labour Day holidays, with the Shanghai Composite index up 1.13%. Hong Kong’s Hang Seng index rose 0.70%, while Australian markets closed with a negative bias. U.S. stocks ended lower amid growing anxiety over new tariffs, snapping a nine-day winning streak.



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