Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Home Local news Asian stocks mostly rise as US markets stay near record highs after the Federal Reserve cuts interest rates
  • Local news

Asian stocks mostly rise as US markets stay near record highs after the Federal Reserve cuts interest rates

    Asian shares mostly climb after US stocks remained near record levels following the Fed's rate cut
    Up next
    ICE 'targeting all the bad guys' in Operation Midway Blitz
    ICE’s Operation Midway Blitz Aims to Crack Down on Criminals
    Published on 18 September 2025
    Author
    Internewscast
    Tags
    • After,
    • asian,
    • Business,
    • climb,
    • cut,
    • Donald Trump,
    • Fed039s,
    • following,
    • Levels,
    • mostly,
    • near,
    • rate,
    • record,
    • remained,
    • Shares,
    • stocks,
    • The,
    • Washington news,
    • world news
    Share this @internewscast.com
    FacebookXRedditPinterest

    MANILA – Asian markets showed varied performances in Thursday afternoon trading after Wall Street displayed fluctuations between gains and losses, yet managed to stay close to record highs subsequent to the Federal Reserve’s choice to lower its key interest rate.

    U.S. futures were up while oil prices were down.

    In Japan, the Nikkei 225 advanced by 1.3% to 45,362.70, with tech-related stocks such as Disco, Tokyo Electron, and SoftBank leading the gainers. The Bank of Japan embarked on its two-day policy review, with expectations of maintaining steady rates.

    South Korea’s Kospi added nearly 1.2% to 3,455.06, with chipmakers SK Hynix and Samsung Electronics among advancers.

    Chinese markets, however, declined. Hong Kong’s Hang Seng fell by 0.2% to 26,856.02, and the Shanghai Composite index saw earlier gains diminish, falling by 0.6% to 3,853.74.

    Australia’s S&P/ASX 200 dropped 0.7% to 8,755.70. Data revealed on Thursday indicated the jobless rate was steady at 4.2% in August, yet headlining employment decreased by 5,400 and full-time positions declined by 40,900.

    India’s BSE Sensex was up 0.4%, while Taiwan’s Taiex added 1.1%.

    On Wall Street on Wednesday, the S&P 500 edged down by 0.1%, staying close to its peak set earlier this week. The Dow Jones Industrial Average increased by 260 points, or 0.6%, whereas the Nasdaq composite dipped by 0.3%.

    The market fluctuations ensued following the Federal Reserve’s rate cut for the first time this year, which was largely anticipated by Wall Street. Of greater significance were the new projections published by Fed officials, outlining future expectations for interest rates.

    That indicated the typical member sees the Fed cutting the federal funds rate two more times by the end of this year and once more in 2026.

    Stocks initially rose following the release of the projections, which seemed to support Wall Street’s widespread expectation for more cuts to interest rates. Such moves can give the economy a kickstart, and stock prices had already run to records on the bet that several cuts are on the way.

    But stocks gave back gains after Fed Chair Jerome Powell stressed that they’re only projections. Conditions could change quickly, and Powell warned against taking the projections as gospel.

    What’s making things difficult for the Fed is that the job market is slowing as inflation is remaining stubbornly high. The Fed is in charge of fixing both, but it has only one tool to do that. And helping one by moving interest rates often hurts the other in the short term.

    The Fed had been holding rates steady this year because of the threat that U.S. President Donald Trump’s tariffs will raise prices for all kinds of products. Inflation has so far refused to go back below the Fed’s 2% target, and Fed officials don’t see that happening for a few years.

    In other dealings Thursday, benchmark U.S. crude shed 10 cents to $63.95 per barrel. Brent crude, the international standard, also lost 10 cents to $67.85 per barrel.

    The U.S. dollar rose to 147.51 Japanese yen from 146.89 yen. The euro slipped to $1.1781 from $1.1818. ___

    AP Business Writer Stan Choe in New York contributed to this report.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like

    JCPD Probes Shooting Incident After Victim Discovered with Several Gunshot Wounds

    JOHNSON CITY, Tenn. (WJHL) — Authorities in Johnson City are actively investigating…
    • Internewscast
    • October 19, 2025
    Burn bans issued in Central Illinois amid dry conditions
    • Local news

    Central Illinois Eases Burn Bans Following Weekend Rainfall: What Residents Need to Know

    CENTRAL ILLINOIS (WCIA) — Following a welcome downpour over the weekend, several…
    • Internewscast
    • October 20, 2025
    UPDATE: GBI releases statement on officer-involved shooting
    • Local news

    Georgia Bureau of Investigation Releases Detailed Statement on Recent Officer-Involved Shooting

    TOOMBS COUNTY, Ga. — An officer-involved shooting in Vidalia is currently under…
    • Internewscast
    • October 20, 2025
    Windshield cracks midflight, diverting United Airlines plane; officials investigating
    • Local news

    Mid-Air Windshield Crack Forces Emergency Landing of LA-Bound Jet in Salt Lake City

    LOS ANGELES (KTLA) Authorities are currently examining the circumstances surrounding a cracked…
    • Internewscast
    • October 19, 2025
    Trump administration to defend Alina Habba's tenure as top New Jersey prosecutor
    • Local news

    Trump Administration Backs Alina Habba’s Role as Leading New Jersey Prosecutor

    PHILADELPHIA – On Monday, a federal appeals court will deliberate on whether…
    • Internewscast
    • October 20, 2025
    Vendors seek support after ICE activity at Chicago flea market sparks boycott
    • Local news

    Chicago Flea Market Vendors Call for Community Support Amid ICE Raid-Induced Boycott

    CHICAGO (WGN) Vendors at the Chicago Swap-O-Rama Flea Market are currently facing…
    • Internewscast
    • October 20, 2025
    Texas corrections officer dismissed over chicken wing smuggling accusations
    • Local news

    Texas Corrections Officer Fired After Alleged Chicken Wing Smuggling Scandal Shakes Prison System

    TRAVIS COUNTY, Texas (KXAN) — A correctional officer from the Travis County…
    • Internewscast
    • October 20, 2025
    Carle trick-or-treat event reunites nurses with former patients
    • Local news

    Heartfelt Halloween Reunion: Carle Nurses Reconnect with Former Patients at Special Trick-or-Treat Event

    URBANA, Ill. — The corridors of Carle Foundation Hospital in Urbana were…
    • Internewscast
    • October 20, 2025
    NHL team apologizes for pro-ICE message during Hispanic Heritage Night
    • Local news

    NHL Team Faces Backlash, Issues Apology for Pro-ICE Message on Hispanic Heritage Night

    In a recent development, the San Jose Sharks have publicly apologized after…
    • Internewscast
    • October 20, 2025
    Texas National Guard to be deployed in Austin ahead of 'No Kings' protest
    • Local news

    Texas National Guard Mobilized in Austin in Anticipation of ‘No Kings’ Demonstration

    In a proactive move, Texas Governor Greg Abbott revealed on Thursday plans…
    • Internewscast
    • October 19, 2025

    Revolutionary ‘All Things Fibre’ Store Launches in Downtown Johnson City, Transforming Local Shopping Experience

    JOHNSON CITY, Tenn. (WJHL) — The heart of Johnson City is adding…
    • Internewscast
    • October 20, 2025
    Storm Team 3: Cold front brings cool and sunny week
    • Local news

    Storm Team 3 Forecast: Enjoy a Refreshingly Cool and Sunny Week Ahead!

    SAVANNAH, Ga. — A cold front is set to usher in a…
    • Internewscast
    • October 19, 2025
    Iraq says some US military advisers will stay due to IS threat in Syria
    • News

    Iraq Confirms Continued Presence of US Military Advisers Amid Rising IS Threat from Syria

    By QASSIM ABDUL-ZAHRA, Associated Press BAGHDAD (AP) — Iraq’s Prime Minister…
    • Internewscast
    • October 20, 2025
    Sam Rivers Current Net Worth: Career, Earnings, and Legacy Revealed As The Singer Star Dies
    • Celeb

    Exploring Sam Rivers’ Net Worth: A Comprehensive Look at His Career, Earnings, and Enduring Legacy Following His Passing

    The music industry was rocked on October 18, 2025, when Limp Bizkit…
    • Internewscast
    • October 20, 2025
    Meghan's hit a trashy new low. But ultimate humiliation is yet to come
    • News

    Meghan Faces New Challenges Amid Ongoing Public Scrutiny, Experts Predict Further Developments

    In a fascinating twist of public life, Meghan Markle seems to be…
    • Internewscast
    • October 20, 2025
    Woman With MS Found Dead in Filthy Conditions
    • Crime

    Tragic Discovery: Woman with MS Found Deceased in Deplorable Conditions

    Authorities in Pennsylvania have launched an investigation into the tragic death of…
    • Internewscast
    • October 20, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.