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Business Upturn
a day ago
- Business
- Business Upturn
Asian markets mixed; Nikkei rallies 2% as U.S. plans to reimburse tariff overcharges
By News Desk Published on August 8, 2025, 07:26 IST Asian equity markets opened on a mixed note on Thursday, with Japan's Nikkei surging over 2% after reports that the Trump administration will amend a presidential order on tariffs and reimburse mistakenly collected levies. The move lifted investor sentiment, especially in sectors sensitive to global trade. The Nikkei jumped 858 points, or 2.09%, to 41,917, leading regional gains. In contrast, Hang Seng Futures fell 0.59%, while KOSPI dipped 0.32% and Taiex Futures slipped 0.04%. India's Gift Nifty indicated a flat-to-negative start, down 30 points or 0.12%. In the U.S., technology stocks helped lift sentiment as Apple led gains on Wall Street, helping Nasdaq Futures rise 0.31%, while Dow Futures gained 0.21%. Small-cap U.S. stocks also performed well, with the Russell 2000 Futures climbing 0.53%. European futures were in the green early Thursday, with DAX Futures up 0.29% and FTSE Futures inching higher by 0.05%. The overnight performance in U.S. markets was mixed. The Dow fell 224 points (-0.51%), while the Nasdaq added 73 points (+0.35%), driven by strength in tech counters. Ahmedabad Plane Crash News desk at
Business Upturn
16-07-2025
- Business
- Business Upturn
Global Stock Market Update: US markets end mixed; Hang Seng, Taiex rise over 1% while Nikkei, Kospi slip
By Aditya Bhagchandani Published on July 16, 2025, 08:10 IST Global equities painted a mixed picture on Tuesday as U.S. markets closed unevenly overnight, weighed down by stronger-than-expected inflation data and persistent concerns over trade tariffs. The Dow Jones slipped nearly 1% while the Nasdaq managed a modest gain. Asian markets, however, opened mostly higher, with Hong Kong's Hang Seng and Taiwan's Taiex leading the gains, rising over 1% each. Japan's Nikkei and South Korea's Kospi edged lower, reflecting cautious sentiment. European futures also showed a subdued tone, with Germany's DAX slightly down but the UK's FTSE inching higher. US markets: Dow Jones fell 0.98% , closing at 44,023 Nasdaq rose 0.18% , closing at 20,678 Asian markets this morning: Hang Seng Futures (Hong Kong) up 1.13% at 24,809 Taiex Futures (Taiwan) up 0.99% at 23,029 Nikkei (Japan) down 0.08% at 39,647 Kospi (South Korea) down 0.55% at 3,198 Gift Nifty (India) down 0.34% at 25,180 European Futures: DAX (Germany) down 0.19% at 24,133 FTSE (UK) up 0.09% at 8,952 While U.S. markets closed mixed after stronger-than-expected inflation data and ongoing trade concerns, Asian markets opened largely positive with notable gains in Hong Kong and Taiwan. Meanwhile, Japanese and South Korean indices slipped slightly in early trade. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
16-06-2025
- Business
- Business Upturn
Asian markets open flat; U.S. futures steady amid Middle East tensions
By News Desk Published on June 16, 2025, 07:45 IST Global equity markets started the week on a cautious note, with Asian indices trading flat as investors remained watchful of ongoing geopolitical tensions and energy market volatility. The modest uptick in U.S. futures hinted at a tentative recovery after Wall Street closed sharply lower last week amid renewed fears of conflict in the Middle East. In Asia, Japan's Nikkei led the gains, rising 325 points to 38,159, while South Korea's KOSPI advanced 13 points to 2,907. Taiwan's Taiex Futures edged up 15 points to 21,955. Meanwhile, Hong Kong's Hang Seng Futures slipped slightly by 37 points to 23,816. India's Gift Nifty was up 51 points at 24,778, indicating a positive start for domestic markets. Overall sentiment in the region remained guarded, with a key focus on developments surrounding the Israel-Iran conflict and their potential impact on global oil prices. On Wall Street, futures signaled a stable open. The Dow Futures were trading at 42,215, up 17 points or 0.04%, while Nasdaq Futures gained 36 points to 216,667, and the U.S. Small Cap 2000 Futures rose by 8 points to 2,108. This comes after a sharp decline in the U.S. market last week, where the Dow Jones shed 770 points, or 1.79%, and the Nasdaq dropped 256 points, or 1.30%, as military developments in the Middle East weighed on investor sentiment. European futures were mixed in early trade, with Germany's DAX Futures down 75 points at 23,425, and the UK's FTSE Futures marginally lower by 4 points at 8,840. The coming sessions are expected to be influenced by geopolitical updates and macroeconomic data as markets search for direction amid uncertainty. Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Investors should consult with their financial advisors before making investment decisions. Ahmedabad Plane Crash News desk at
Business Upturn
03-06-2025
- Business
- Business Upturn
Global equities steady as Asian markets open higher; US futures dip amid trade uncertainty
By News Desk Published on June 3, 2025, 07:37 IST Global equities opened the week on a mixed note, with Asian markets trading with marginal gains, buoyed by last week's tech-led rebound in US markets. However, US stock index futures slipped slightly in early trade, as investors await further clarity on President Donald Trump's trade tariffs and the broader outlook for the US economy. Sentiment was cautious as the US dollar remained under pressure, reflecting ongoing concerns about renewed trade tensions and their potential to slow global growth in the coming months. Key global market snapshots: Dow Futures were down 85 points at 42,221 (-0.20%). Nasdaq Futures slipped 42 points to 21,450 (-0.19%). US Small Cap 2000 Futures fell 7 points to 2,063 (-0.33%). In Europe, early signals were positive: DAX Futures rose 77 points to 24,053 (+0.32%). FTSE Futures were up 15 points at 8,809 (+0.17%). In Asia, markets opened firm: Hang Seng Futures jumped 275 points to 23,294 (+1.19%). KOSPI edged up 1.3 points to 2,699 (+0.05%). Taiex Futures surged 328 points to 21,197 (+1.57%). Nikkei 225 gained 221 points to 37,692 (+0.59%). For Indian markets, Gift Nifty was down 10 points at 24,861 (-0.04%) in early adjusted trade, suggesting a flat to cautious start. US markets closed higher on Friday, led by tech stocks: Dow Jones Industrial Average ended up 35 points at 42,305 (+0.08%). Nasdaq Composite gained 129 points to 19,242 (+0.67%). Traders are likely to watch upcoming US macro data, any new signals on tariff policy, and currency trends, all of which could influence short-term risk sentiment. News desk at
