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Asia-Pacific markets trade mixed after Wall Street gains on strong jobs report

WikiFX
| 2025-07-04 00:32

abstrak:U.S. markets are closed on Friday for the Independence Day public holiday.

Asia-Pacific markets traded mixed Friday after Wall Street gained on a better-than-expected jobs report eased investors' concerns of a slowdown in the U.S. economy.

Japan's Nikkei 225 benchmark was flat in choppy trade while the broader Topix index added 0.15%.

In South Korea, the Kospi index fell 0.56% while the small-cap Kosdaq declined by 0.8%.

Over in Australia, the S&P/ASX 200 moved up 0.21%.

Futures for Hong Kong's Hang Seng index stood at 23,991, pointing to a lower open compared to the HSI's last close of 24,069.94.

Overnight stateside, U.S. stocks rose with the broad-based S&P 500 and tech-heavy Nasdaq Composite hitting fresh record highs, following the better-than-expected jobs report.

The Dow Jones Industrial Average advanced 344.11 points, or 0.77%, settling at 44,828.53. The S&P 500 added 0.83% to close at 6,279.35, while the Nasdaq gained 1.02% and ended at 20,601.10. Both the S&P 500 and the Nasdaq Composite also closed at records.

U.S. markets are closed on Friday for the Independence Day public holiday.

Asia-Pacific markets mixed in early trade

Asia-Pacific markets started the day mixed on Friday.

As at 8.15 a.m. Singapore time, Japan's Nikkei 225 benchmark was flat while the broader Topix index added 0.11%.

In South Korea, the Kospi index moved down 0.26% while the small-cap Kosdaq fell 0.65%.

Over in Australia, the S&P/ASX 200 ticked up 0.17%.

Here are the opening calls for the day

Good morning from Singapore.

Asia-Pacific markets were set to mostly climb Friday after trading mixed the day before.

Japan's benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 40,100, while its counterpart in Osaka last traded at 40,120, against the index's Thursday close of 39,785.90.

Futures for Hong Kong's Hang Seng index stood at 23,991, pointing to a weaker open compared to the HSI's last close of 24,069.94.

Australia's S&P/ASX 200 is slated to open higher with futures tied to the benchmark at 8,611 compared to its last close of 8,595.80.

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