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Korean Kospi It hit a record high for the second day in a row on Wednesday after US President Donald Trump took a conciliatory stance on threats of tariffs against South Korea.
He reportedly said, “We intend to resolve something with South Korea.” The Kospi closed 1.69% higher at 5,170.81, while the Kosdaq rose 4.7% to 1,133.52.
Elsewhere, Asia-Pacific markets were mixed on Wednesday, splitting the standings with Wall Street. S&P500 It closed at an all-time high. The broader market index rose 0.41% to end at 6,978.60. apple and microsoft.
Japanese Nikkei Stock Average Although it turned into positive territory in late trading and rose slightly to 53,358.71, Topix fell 0.79% to end at 3,535.49.
late Tuesday, circle Amid speculation of intervention against the dollar, the dollar rose to a three-month high and hit a low of 152.08.
hong kong Hang Seng Index Mainland China’s CSI300 index rose 0.26% to close at 4,717.99, led by energy stocks, which rose 2.58% in the last hour.
australian S&P/ASX 200 It reversed its previous gains and fell 0.13% to 8,929.9, ending its three-day winning streak. In Australia, headline inflation in the final quarter of 2025 was 3.6%, the highest level in six quarters.
In Southeast Asia, Indonesia’s Jakarta Composite fell 8% after index provider MSCI issued a statement warning that the country could be downgraded to frontier market status.
“Investors highlighted that fundamental investability issues persist due to continued uncertainty in shareholding structures and concerns about the potential for coordinated trading actions that undermine proper price formation,” MSCI said late Tuesday.
On the commodity side, the spot gold price hit a new record of $5,255.71 per ounce.
One night in America Nasdaq Composite While it rose by 0.91%, Dow Jones Industrial Average It broke ranks, losing 408.99 points or 0.83% and settling at 49,003.4.
S&P 500 futures were mostly flat ahead of the Federal Reserve’s interest rate decision and major tech companies’ earnings announcements.
The central bank is widely expected to keep interest rates on hold in its target range of 3.5% to 3.75%, but traders will be looking for hints about any longer-term changes to monetary policy.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
