From Nasdaq: 2025-05-08 04:39:00

Asian stocks rose despite U.S. stocks falling for a second day. Traders awaited cues from upcoming trade negotiations and a U.S.-U.K. deal to reduce tariffs. The dollar remained stable as Goldman Sachs raised its inflation forecast. Gold fell while oil edged up. China’s Shanghai Composite rose 0.28% amid India-Pakistan tensions. Hong Kong’s Hang Seng closed 0.37% higher after Chinese interest rate cuts. Japanese markets gained, with chip-related shares rising. NTT Data Group surged on reports of a major tender offer. Seoul and Australian markets also ended higher despite mixed performances. U.S. stocks saw modest gains after the Fed’s rate decision and reports on AI chip export curbs. Fed Chair Powell emphasized the need for clarity on economic uncertainties.



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