Today's News Update - 31st Jan 2025
Asia
Japanese and Australian markets rose on Thursday, diverging from Wall Street's decline. Japan's Nikkei 225 gained 0.25%, while the Topix added 0.23%. SoftBank fell 1.06% on news of potential investment in OpenAI, while Toyota rose 0.65% after reporting 2024 sales of 10.8 million vehicles. Australia's S&P/ASX 200 climbed 0.55%.
US
The S&P 500 climbed in a volatile session on Thursday as Wall Street absorbed recent quarterly earnings from several major tech companies. The broad index rose 0.5%, while the Nasdaq Composite edged up 0.1%. The Dow Jones Industrial Average gained 218 points, or 0.5%.
Commodity
Gold prices rose on Thursday amid concerns over potential U.S. tariffs from President Trump, while investors awaited a key inflation report. Spot gold gained 0.7% to $2,776.79, and U.S. futures rose 0.8% to $2,791.70.
Oil prices also edged up, with Brent crude adding 1% to $77.33 and U.S. crude rising 1% to $73.36, following its lowest close of the year on Wednesday.
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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