Today's News Update - 14th April 2025
Asia
Asia-Pacific markets ended mixed on Friday, following a Wall Street sell-off driven by rising U.S.-China trade tensions.
Australia’s S&P/ASX 200 fell 0.82%, Japan’s Nikkei 225 dropped 2.96%, and South Korea’s Kospi declined 0.5%. However, Hong Kong’s Hang Seng gained 1.13%, and China’s CSI 300 rose 0.41%.
US
Stocks rallied on Friday, wrapping up a turbulent week on Wall Street.
The S&P 500 gained 1.81%, closing at 5,363.36. The Dow Jones Industrial Average surged by 619.05 points, or 1.56%, to finish at 40,212.71. The Nasdaq Composite rose 2.06%, settling at 16,724.46.
Commodity
Gold surged past $3,200 on Friday as a weak dollar and rising U.S.-China trade tensions fueled recession fears, pushing investors toward the metal. Spot gold rose nearly 2% to $3,235.89, while U.S. gold futures gained 2.1%, closing at $3,244.60.
In oil, Brent and West Texas Intermediate crude climbed over $1 after U.S. Energy Secretary Chris Wright suggested cutting Iran's oil exports over its nuclear program. Brent settled at $64.76, up 2.26%, while WTI finished at $61.50, up 2.38%.
The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion.
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