From Nasdaq: 2025-06-12 04:39:00

Asian stocks had a mixed performance due to lack of details in new U.S.-China trade deal. Trump’s threat of unilateral tariff rates and tensions in the Middle East kept investors on edge. Dollar under pressure ahead of U.S. producer price index data. Gold prices rose while oil prices fell. Iranian official warned of military readiness in response to U.S. or Israel aggression. Chinese markets uncertain on trade truce. Hong Kong stocks fell, Japanese markets lower on stronger yen. Seoul stocks rose, Australian markets dropped. U.S. stocks ended lower on trade uncertainty and geopolitical tensions.

President Trump announced completion of trade framework with China. U.S. and China to work together to open up trade. Nasdaq Composite, S&P 500, and Dow ended lower.



Read more at Nasdaq: Asian Shares Mixed As Investors Await Details On Sino-US Trade Deal