Asian Stocks React to Cooling Rally and Stimulus Talks
Asian stock markets showed little movement on Thursday, following a rally sparked by Donald Trump’s 2024 U.S. election victory, as attention shifted to stimulus measures in China and the upcoming U.S. Federal Reserve meeting.
Chinese Markets and NPC Focus
Chinese stocks saw modest gains, with the Shanghai Shenzhen CSI 300 and Shanghai Composite indexes both up 0.4%, while Hong Kong’s Hang Seng index rose nearly 1%. Investors remained focused on the National People’s Congress (NPC) meeting, which began earlier this week, expecting an announcement on additional fiscal stimulus to support the economy. Chinese markets had initially been wary of Trump’s proposed 60% trade tariff on imports from China, but Beijing’s response, including a congratulatory message to Trump and a phone call with President Xi Jinping, helped stabilize sentiment.
Japan and Regional Market Movements
In Japan, the Nikkei 225 index fell 0.3%, reversing some of the 2.6% gain from the previous session, while the TOPIX index gained 0.8%. The yen weakened against the dollar, contributing to gains in export-focused stocks like Toyota, despite a disappointing earnings report. Broader regional markets moved in a narrow range, as initial optimism from Trump’s election win faded.
Australian and South Korean Markets
Australia’s ASX 200 dropped 0.2%, reflecting a weak trade balance due to low demand from China. South Korea’s KOSPI also fell 0.2%, and Indian markets are expected to open flat after a sharp rebound earlier this week.


US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue
China Consumer Stocks Near Decade Lows as AI Shares Surge
Asian Stocks Fall as Surging Bond Yields Rattle Markets
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh
Trump, Xi Focus on Trade and AI at White House Summit
Japanese Yen Rebounds as Trump Flags Currency Weakness
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending
Fed Unveils Stablecoin Rules Under GENIUS Act
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 



