Aerial view of Osaka Skyline<\/p>\n
Nikada | E+ | Getty Images<\/p>\n
Asia-Pacific markets mostly rose Friday, tracking Wall Street’s gains after White House spokesperson Karoline Leavitt downplayed<\/a> the impending start of the tariff deals, which have weighed on investor sentiment.<\/p>\n July 8 is when the so-called liberation day tariffs are set to take effect after a 90-day pause, and July 9 is the deadline for an EU deal to avoid 50% tariffs.<\/p>\n “The deadline is not critical,”\u00a0said Leavitt<\/a>. “Perhaps it could be extended, but that’s a decision for the president to make.<\/p>\n Japan’s\u00a0benchmark\u00a0Nikkei 225<\/a>\u00a0climbed 1.5% after hitting a five-month high in its previous session, while the broader Topix index advanced 1.3%.<\/p>\n The country’s capital city of Tokyo saw core consumer price index<\/a> excluding fresh food and fuel rise 3.1% year on year in June, <\/strong>slower than the 3.6% increase seen in the previous month, and the 3.3% gain penciled by economists polled by Reuters.<\/p>\n In South Korea, the\u00a0Kospi<\/a>\u00a0index fell 0.43%, while the small-cap Kosdaq dropped by 0.4%.<\/p>\n Hong Kong’s\u00a0Hang Seng Index<\/a>\u00a0rose 0.35% in early trade. Meanwhile, mainland China’s\u00a0CSI 300<\/a>\u00a0index\u00a0rose 0.1% after data released by the National Bureau of Statistics<\/a> showed that the country’s industrial\u00a0profits fell 9.1% year on year<\/a>\u00a0in the first five months of 2025.<\/p>\n Over in Australia, the\u00a0S&P\/ASX 200<\/a> benchmark moved up 0.13%.<\/p>\n U.S. stock futures<\/a>\u00a0were near the flatline in early Asian hours as investors awaited the release of several data points, including inflation, personal income, consumer spending and consumer sentiment.<\/p>\n Overnight stateside<\/a>, the S&P 500<\/a>\u00a0rose to within a whisker of a new record high, as the broad market index overcame a slew of macroeconomic challenges including tariff wars, geopolitical tensions and sticky inflation.<\/p>\n The S&P 500 climbed 0.8% to close at 6,141.02, bringing its gain on the week to 2.9% and putting it just a few points away from its intraday all-time high of 6,147.43 in late February.<\/p>\n The\u00a0Nasdaq Composite<\/a>\u00a0advanced 0.97% to 20,167.91, also inches away from a new record. The\u00a0Dow Jones Industrial Average<\/a>\u00a0increased by 404.41 points, or 0.94%, to 43,386.84.<\/p>\n \u2014 CNBC’s Brian Evans and Sean Conlon contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Aerial view of Osaka Skyline Nikada | E+ | Getty Images Asia-Pacific markets mostly rose Friday, tracking Wall…\n","protected":false},"author":2,"featured_media":217453,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[21351,15193,186,21344,21350,4959,51,3085,7989,10294,4750,21346,21342,21347,2441,3742,21349,8572,16678,3741,21348,10741,21341,16,15,21345,2726,21343],"class_list":{"0":"post-217452","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-arm-holdings-plc","9":"tag-asia-economy","10":"tag-australia","11":"tag-australian-dollar-us-dollar-fx-spot-rate","12":"tag-breaking-news-asia","13":"tag-breaking-news-markets","14":"tag-business","15":"tag-business-news","16":"tag-dow-jones-industrial-average","17":"tag-dxy-us-dollar-currency-index","18":"tag-economic-events","19":"tag-hang-seng-index","20":"tag-ice-brent-crude-apr23","21":"tag-kospi-index","22":"tag-markets","23":"tag-nasdaq-composite","24":"tag-nikkei-225-index","25":"tag-nvidia-corp","26":"tag-prices","27":"tag-sp-500-index","28":"tag-sp-asx-200","29":"tag-shanghai","30":"tag-shenzhen-component-index","31":"tag-uk","32":"tag-united-kingdom","33":"tag-usd-jpy","34":"tag-world-markets","35":"tag-wti-crude-mar23"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/217452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=217452"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/217452\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/217453"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=217452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=217452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=217452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}