Global Markets Today: Asian markets opened higher on Monday, after Friday Rally of Wall Street, as investors waited later that day on China’s most important loan rate announcement. According to reports, China is likely to keep its loan prime tariffs unchanged, after the central bank recently held a key interest rate steady, even if the US federal reserve has lowered by 25 basis points. Japan’s Nikkei 225 rose 0.74 percent to the open, while the Topix contracted 0.58 percent. The Kospi of South Korea rose 0.71 percent in early trade, with the Kosdaq progressing 0.7 percent. Meanwhile, the S&P/ASX 200 of Australia climbed 0.49 percent. Hong Kong’s Hang Seng index is expected to open flat, with futures at 26,535 compared to the preceding closure of 26,545.1. US stock market today all three major US stock indices closed on record highs on Friday for the second consecutive session, with the trading volume that has reached the highest since April, as FedEx has a strong earnings. The S&P 500 and Nasdaq recorded their third straight week of profits, supported by the Federal Reserve’s first rate cut of 2025 Wednesday and signals of further financial relief. The trading volume on US exchanges achieved 27.78 billion shares on Friday, well above the 20-day average of 17.41 billion. The previous record boom in early April came after the volatility of the market arose by President Donald Trump’s tariff announcements. The Dow Jones industrial average climbed 172.85 points, or 0.37 percent, to 46,315,27, while the S&P 500 32.40 scored, or 0.49 percent, to 6,664,36, and the NASDAQ compost with 160,75 points, or 0.72 percent, to 22,631.48. (With input from agencies) Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.
Global Markets Today: Nikkei 225, Kospi trades higher before China’s rate decision
