Asian stocks ended mixed on Friday following the Federal Reserve’s interest-rate cut. China’s Shanghai Composite fell 0.30% ahead of a call between Trump and Xi Jinping. Hong Kong’s Hang Seng closed flat. Japanese markets dropped as the Bank of Japan’s hawkish tilt boosted the yen. Seoul stocks fell on profit-taking, with Hyundai Motor dropping over 2%. Australian markets rose on rate cut expectations. New Zealand’s S&P/NZX-50 index climbed. Gold edged up, the dollar held steady, and oil declined. U.S. stocks hit record highs as Nvidia invested in Intel and jobless claims decreased. Nasdaq gained 0.9%, S&P 500 added 0.5%, and Dow rose 0.3% after the Fed announced rate cuts.

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