Hongdae street in Seoul city, South Korea<\/p>\n
Twenty47studio | Moment | Getty Images<\/p>\n
Asia-Pacific markets trade mixed, even as all three key benchmarks on Wall Street advanced overnight on optimism that a slowdown in the global economy will not impede the progress of developments in artificial intelligence.<\/p>\n
Australia’s\u00a0S&P\/ASX 200<\/a> fell 0.12% at the open.<\/p>\n Japan’s benchmark\u00a0Nikkei 225<\/a>\u00a0added 0.99% while the broader Topix index\u00a0advanced 0.62% in early trade.<\/p>\n Over in South Korea, the\u00a0Kospi<\/a>\u00a0index declined 0.54% while the small-cap Kosdaq was flat.<\/p>\n Futures tied to Hong Kong’s Hang Seng Index<\/a> stood at 21,935, pointing to a weaker open compared to the HSI’s last close of 22,119.41 on Wednesday.<\/p>\n China markets are closed for the Labor Day public holiday.<\/p>\n U.S.\u00a0stock futures slipped<\/a> as Wall Street digested the earnings reports of two so-called “Magnificent Seven” stocks\u00a0– Apple<\/a> and Amazon<\/a>.<\/p>\n In extended trading,\u00a0shares of\u00a0Apple slid more than 4% after revenue from its Services division fell short of Wall Street’s estimates in its second fiscal quarter<\/a>. Meanwhile, Amazon’s shares declined over 2% as the e-commerce giant reported better-than-expected first-quarter results, but released soft guidance for the current period<\/a> as it navigates uncertainty around U.S. President Donald Trump’s sweeping tariffs.<\/p>\n Overnight stateside<\/a>, stocks rose as strong quarterly results from Meta Platforms<\/a> and Microsoft<\/a> – two Big Tech and “Magnificent Seven” stocks – eased concerns of a slowdown in artificial intelligence-powered developments amid the current macroeconomic uncertainty.<\/p>\n The\u00a0Dow Jones Industrial Average<\/a>\u00a0climbed 83.60 points, or 0.21%, to close at 40,752.96. The\u00a0S&P 500<\/a>\u00a0gained 0.63% to end at 5,604.14, still slightly below its levels from before President Donald Trump’s\u00a0“Liberation Day” tariffs announcement<\/a>\u00a0in early April. The\u00a0Nasdaq Composite<\/a>\u00a0increased 1.52%, to close at 17,710.74 and wipe out the decline it experienced since April 2.<\/p>\n \u2014 CNBC’s Hakyung Kim, Sean Conlon and Brian Evans contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Hongdae street in Seoul city, South Korea Twenty47studio | Moment | Getty Images Asia-Pacific markets trade mixed, even…\n","protected":false},"author":2,"featured_media":67023,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[21351,15193,186,21344,21350,4959,51,3085,7989,10294,4750,21346,21342,21347,2441,15253,3742,21349,8572,16678,3741,21348,10741,21341,16,15,21345,2726,21343],"class_list":{"0":"post-67022","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-microsoft-corp","24":"tag-nasdaq-composite","25":"tag-nikkei-225-index","26":"tag-nvidia-corp","27":"tag-prices","28":"tag-sp-500-index","29":"tag-sp-asx-200","30":"tag-shanghai","31":"tag-shenzhen-component-index","32":"tag-uk","33":"tag-united-kingdom","34":"tag-usd-jpy","35":"tag-world-markets","36":"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\/67022","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=67022"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/67022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/67023"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=67022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=67022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=67022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}