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Asia stock trades start 2025 on cautious note
The Philippine Star
|January 03, 2025
Asian stocks began 2025 mostly in the red yesterday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session.
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Equities mostly had a bumper 2024 on the back of enthusiasm about artificial intelligence (AI), cuts in borrowing costs by central banks and Donald Trump's presidential election win.
The Dow ended the year up by around 13 percent, while the S&P 500 and the Nasdaq, which have more tech stocks, climbed over 23 percent and around 29 percent respectively.
Germany's DAX added almost 20 percent, as did Japan's Nikkei. The FTSE 100 gained nearly six percent, and France's CAC 40 was the outlier, falling 2.2 percent.
Diese Geschichte stammt aus der January 03, 2025-Ausgabe von The Philippine Star.
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