Asia-Pacific Markets Trade Mixed After Wall Street Gains on Strong Jobs Report

Jul 4 2025, 08:18

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.

Source : CNBC