A view of the town skyline of Lujiazui Shanghai Middle in Pudong, Shanghai, China, on March 13, 2024.
Cfoto | Future Publishing | Getty Photographs
Asia-Pacific markets traded combined Tuesday as traders assessed U.S. President Donald Trump’s tariff marketing campaign.
Trump on Monday signed an order imposing 25% tariffs on imports of metal and aluminum into the U.S.
Australia’s S&P/ASX 200 closed flat at 8,484. South Korea’s Kospi rose 0.71% to shut at 2,539.05, whereas the small-cap Kosdaq ended flat at 749.59.
Hong Kong’s Dangle Seng Index slipped 0.56%, whereas the mainland China’s CSI 300 dipped 0.36%.
Japan markets had been closed for a vacation.
Singapore’s benchmark Straits Instances Index slipped 0.44% after it hit an all-time intraday excessive of three,910.12 on Monday.
India’s benchmark Nifty 50 was down 0.32%, whereas the BSE Sensex index traded across the flatline.
In a single day within the U.S., the three main averages closed greater as main tech names outperformed. The Dow Jones Industrial Common added 167.01 factors, or 0.38%, led by a 4.8% acquire in McDonald’s. The 30-stock index closed at 44,470.41. The S&P 500 gained 0.67% to finish at 6,066.44, and the Nasdaq Composite climbed 0.98% to 19,714.27.
Federal Reserve Chair Jerome Powell is slated communicate earlier than Congress later within the day.
—CNBC’s Pia Singh and Brian Evans contributed to this report.
