Asian Markets Trades Mostly Higher
From Nasdaq: 2025-04-16 23:06:00
Asian stock markets are trading mostly higher on hopes of lower negotiated tariffs, despite U.S.-China tensions. The Australian market is modestly higher, with gains in mining and energy stocks. The S&P/ASX 200 is up 0.40%, with miners like Rio Tinto and oil stocks rising. Tech stocks like Afterpay are down, while big four banks are slightly lower. Gold miners like Northern Star Resources are up. The Aussie dollar is trading at $0.636. In Japan, the Nikkei 225 is up 0.86%, with gains in exporters and financial stocks. Tech stocks like Advantest are up, while Nitori Holdings is down. Major European markets turned mixed. Oil prices rose to $62.47 a barrel.
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