Today's News Update - 29th Jan 2025 Asia Hong Kong stocks rose on Tuesday after a sharp drop in Wall Street tech shares, while several Asia-Pacific markets were closed for the Lunar New Year holiday. The Hang Seng Index gained 0.14% to 20,225.11, with trading cut short for the holiday. In Japan, the Nikkei 225 fell 1.39% to 39,016.87, and the Topix was flat at 2,756.90, marking a second consecutive day of losses. Australia’s S&P/ASX 200 declined 0.12% to 8,399.1, as losses in gold, energy, and tech stocks were offset by gains in iron ore and financials. US Stocks edged higher on Tuesday, recovering some losses from a sell-off triggered by the rise of Chinese AI startup DeepSeek, which rattled tech shares. The S&P 500 rose by around 1%, with technology stocks seeing the biggest gains. The Technology Select Sector SPDR Fund (XLK) climbed 2% after Monday’s 4.9% drop. The Nasdaq Composite gained 2%, bouncing back from a 3.5% decline the previous day. The Dow Jones Industrial Average added 118 points, or 0.2%. Commodity Gold prices rebounded on Tuesday, rising 0.8% to $2,762.06 per ounce, after a dip sparked by a tech-led sell-off. Investor interest in gold was fueled by concerns over U.S. President Trump’s proposed tariffs. Oil prices edged lower, extending losses from the previous day, as fears of disruptions to Libyan oil shipments eased and weak demand from China weighed on the market. 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. #Forex #trading #tradingforex