Asian markets mixed on trade war concerns, Australian stocks rise, Japanese market gains

From Nasdaq: 2025-03-13 23:28:15

Asian stock markets are trading mixed on Friday, cautious over global economic growth amid the ongoing trade war. U.S. President Trump threatens more tariffs on EU products. Australian stocks rise, with the ASX 200 up 0.45%. Major miners like BHP and Rio Tinto gain, while tech stocks like Xero and WiseTech Global decline. Big four banks are mixed, with gold miners like Evolution Mining surging. Japanese market rises, with the Nikkei 225 up 0.35%. SoftBank Group and Toyota gain, while Recruit Holdings falls. U.S. stocks close lower, with S&P 500 entering correction territory. European markets also decline. Crude oil prices fall to $66.55 a barrel.



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