Stock market today: Asian shares are mixed after Wall St records despite tariff talk

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Financial Markets,Economic Policy,Government Policy

Shares are mixed in Asia after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs, which caused only ripples on Wall Street. Tokyo's Nikkei index fell nearly 1%. On Tuesday, the S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.

A person walks in front of the Tokyo Stock Exchange building at a securities firm Tuesday, Nov. 26, 2024, in Tokyo. A person walks in front of the Tokyo Stock Exchange building at a securities firm Tuesday, Nov. 26, 2024, in Tokyo. A person walks in front of the Tokyo Stock Exchange building at a securities firm Tuesday, Nov. 26, 2024, in Tokyo. BANGKOK — Shares were mixed in Asia on Wednesday after U.S.

Chinese markets advanced, with Hong Kong’s Hang Seng gaining 0.5% to 19,259.77, while the Shanghai Composite index added 0.7% to 3,283.55. A 10% drop in industrial profits set the day before. The Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way, closing at 19,174.30., but investors are weighing whether his latest threat is an overture for negotiations or will actually become policy, with painful ramifications for markets and the global economy.

General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles assembled in Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar.Big Tech stocks

 

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