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VOA News | Tuesday, February 17, 2025
Global benchmarks trade mixed as investors continue to eye Trump
Tokyo — Global shares traded mixed on Monday as investors continued to watch economic data and policy moves from U.S. President Donald Trump, as both are likely to impact upcoming central bank moves. France’s CAC 40 dipped nearly 0.1% in early trading to 8,171.59, while Germany’s DAX added 0.4% to 22,560.00. Britain’s FTSE 100 edged up 0.1% to 8,742.97. U.S. markets are closed on Monday for a holiday. In Asia, Japan’s benchmark Nikkei 225 rose in early trading after the Cabinet Office reported that the economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption. But the benchmark quickly fell back and then recovered to be little changed, finishing up less than 0.1% at 39,174.25. On a quarter-to-quarter basis, the world’s fourth-largest economy grew 0.7% for its third straight quarter of growth. Japan marked its fourth straight year of expansion, eking out 0.1% growth last year in seasonally adjusted real gross domestic product, which measures the value of a nation’s products and services. In other regional markets, Australia’s S&P/ASX 200 slipped 0.2% to 8,537.10. South Korea’s Kospi surged 0.8% to 2,610.42. Hong Kong’s Hang Seng reversed course, to slip less than 0.1% to 22,616.23, while the Shanghai Composite added 0.3% to 3,355.83. Markets around the world are nervously watching what upward pressure may come from tariffs that Trump has announced recently. But analysts now think Trump may…Read more
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