Asian shares are mostly lower, while Tokyo’s Nikkei jumps 2%

Asian shares are mostly lower, while Tokyo’s Nikkei jumps 2%00:50

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Auteur :

B.C. Begley

Publié le :

08/08/2025

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1

Description :

Asian markets were mostly down Friday, except for Tokyo, where the Nikkei 225 surged 2.2% after Japan resolved a tariff dispute with the U.S. that had threatened key exports like cars. Automakers Toyota and Honda saw strong gains. Meanwhile, markets in Hong Kong, South Korea, and India fell, while Taiwan edged up slightly. On Wall Street, the S&P 500 and Dow slipped, but the Nasdaq hit a record high, boosted by Apple and U.S.-based chipmakers benefiting from Trump’s new tariff policy favoring domestic investment, The Hill has reported. Oil prices were steady, and currency movements were minimal.