Asian markets show mixed results as US stocks decline, with S&P 500 down 1.1% and Nasdaq falling 1.5%.
Asian shares were mixed on Monday, following a drop in US stocks on Friday. The S&P 500 fell 1.1%, and the tech-heavy Nasdaq dropped 1.5%. South Korea’s Kospi rose 0.6%, while Japan's Nikkei fell 0.9%. Despite the recent declines, the S&P 500 is still on track for a 25% annual gain, marking the second consecutive year with over a 20% increase. Market concerns include ongoing inflation, the labor market path, and policy shifts under the incoming President Donald Trump.
3 months ago
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