Asian markets mostly higher, Seoul stocks decline on DeepSeek concerns.

From Nasdaq: 2025-01-31 03:33:15

Most Asian markets rose on Friday, boosted by positive earnings updates from Apple and Intel. The dollar index strengthened due to risk-off sentiment caused by Trump’s tariff threats. Gold prices remained near record levels as oil prices climbed. Trump confirmed plans to impose 25% tariffs on imports from Canada and Mexico. Japanese markets ended slightly higher, with upbeat data supporting the potential for further rate hikes. Seoul stocks fell, dragged down by tech shares. Australian markets reached a record high on expectations of a potential interest rate cut. U.S. stocks fluctuated before ending higher on positive earnings reports and economic data.



Read more at Nasdaq: Asian Shares Mostly Higher; Seoul Stocks Decline On DeepSeek Concerns