Nikkei 225, Kospi, Jakarta Composite Index


Low angle view of high-rise buildings in Tokyo, Japan, showing various architectural styles

George Paschantoulis | Moment | Getty Images

Asia-Pacific markets were mixed after U.S. President Donald Trump said he would announce his pick for the next Federal Reserve chair on Friday.

Speaking at the premiere of “Melania,” a movie about first lady Melania Trump, He said the five-month search for a successor to current Chairman Jerome Powell was coming to an end..

The process to select Powell’s successor began in September with 11 candidates, including past and current Fed officials, economists and Wall Street investment professionals.

South Korea’s Kospi rose 1.23% and the small-cap Kosdaq rose 0.99%. Japanese Nikkei 225 Index rose 0.25%, and the Topix rose 0.58%.

Australian S&P/ASX 200 Index up 0.23%.

Hong Kong’s Hang Seng Index fell 0.71%, and mainland China’s CSI 300 Index fell 0.51%.

Spot gold prices fell more than 4% to $5,156.64 an ounce after hitting a record high on Thursday, but are still up about 20% so far this year. Silver prices fell more than 6.5% to $108.05 an ounce. Prices for the white metal are still up 56% so far this year.

Futures and S&P 500 Index decreased by 0.16%, Nasdaq 100 Futures. Dow futures It fell 112 points, about 0.2%. Trump also endorsed a Senate The agreement will provide funding for the vast majority of federal government departments for the remainder of the fiscal year, easing near-term political uncertainty for investors.

It took just over a day for senators to reach an agreement, until part of government shutdown. They agreed to remove funding for the Department of Homeland Security from the package and pass five other bills, while the Department of Homeland Security would be funded through a stopgap measure.

Overnight in America, S&P 500 Index fall, fall into trouble Microsofttraders reacted to the Big Tech company’s latest earnings results and the Fed’s response Interest rate decision.

The broader market index fell 0.13% to close at 6,969.01 points, while Nasdaq Composite Index It fell 0.72% to close at 23,685.12. this Dow Jones Industrial Average It rose 0.11%, or 55.96 points, to close at 49,071.56 points. In cryptocurrencies, Bitcoin fell more than 5% and hit lowest level in nearly two months.

—CNBC’s Sean Conlon and Pia Singh contributed to this report.



Source link

  • Related Posts

    Philippine Foreign Minister: ASEAN does not “currently” recognize Myanmar elections ASEAN News

    Philippine Foreign Secretary Lazaro said ASEAN members “do not support” elections in military-run Myanmar. Posted on January 30, 2026January 30, 2026 Click here to share on social media Share 2…

    French IT group Capgemini under fire for ICE migrant tracking contract

    French IT services giant Capgemini has been in the spotlight for days over a deal its US subsidiary CGS signed with US Immigration and Customs Enforcement (ICE), which French media…

    Leave a Reply

    Your email address will not be published. Required fields are marked *