Asian markets rally, Japan's Nikkei Jump 10% detecting Wall Street's record profit; Hang Seng signals weakly open | Einsmark news

Asian markets opened with strong profits on Thursday after Wall Street’s largest one-day rally in years after US President Donald Trump announced a temporary break on higher rates on all countries that hinder China. Trump announced an immediate fare of 90 days for many countries, even as he increased the levy on Chinese imports to 125%. Japan’s Nikkei has risen more than 10% on the open, with the biggest profits in Asian markets. The Nikkei index traded 7.38% higher, while the wider Topix index advanced 7.12%. The Kospi index of South Korea increased by 5.4%, while the Kosdaq increased by 4.61%. Hong Kong’s Hang Seng index indicates a slightly weaker open. Australia’s S&P/ASX 200 futures indicates a 7% surge in the index at the Open. This would make its biggest profit since March 2020. The US stock market in the US stock market has achieved its biggest one -day gain in years, with the S&P 500 scoring its biggest increase since 2008, after Trump’s temporary break on rates. The Dow Jones industrial average rose 2,962,86 points, or 7.87%, to 40,608,45. The S&P 500 scored 474.13 points, or 9.52%, to 5,456.90 for its largest daily profit since October 2008, during the global financial crisis. The Nasdaq composition closed 1,857.06 points, or 12.16%, at 17,124,97 for its biggest profit since January 2001 during the Dotcom Market Bubble. The Smallcap Russell 2000 index has added 8.66%, for its biggest one-day jump since March 2020. The Indian stock market will remain closed today, April 10, due to Mahavir Jayanti 2025. Therefore there will be no trading in the stock market today. The equity segment, equity -derived segment, SLB segment and currency -derived segments will remain today. However, the commodity segment will be closed for the morning session, but will be open for the evening session. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions. First published: 10 Apr 2025, 06:01 AM IST