Today's News Update - 11th Feb 2025
Asia
Asia-Pacific markets were mixed on Monday amid rising trade tensions.
Japan’s Nikkei 225 ended flat at 38,801.17, while the Topix index dropped 0.15% to 2,733.01. China’s CSI 300 rose 0.21% to 3,901.06, and Hong Kong’s Hang Seng gained 1.76%. Australia’s S&P/ASX 200 fell 0.34% to 8,482.80.
US
Stocks advanced on Monday, driven by strong performances from major tech companies, as investors brushed off the latest tariff threat from U.S. President Donald Trump.
The Dow Jones Industrial Average rose by 130 points, or nearly 0.3%, with McDonald’s leading the way with a roughly 4% gain. The S&P 500 gained 0.7%, while the Nasdaq Composite climbed around 1.1%.
Commodity
Gold prices surged on Monday, breaking the $2,900 mark for the first time, driven by safe-haven demand amid trade war and inflation concerns following new U.S. tariffs. Spot gold rose 1.5% to $2,903.53, and U.S. futures climbed 1.6% to $2,934.3.
Oil prices also rose, recovering from last week’s declines as investors shrugged off Trump’s latest tariff threat. Brent crude gained 1.81% to $76.01 per barrel, while U.S. crude rose 1.86% to $72.32 per barrel.
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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