MARKET UPDATE

Asia-Pacific Markets Subdued as Trump Administration Prepares to Roll Out Fresh Tariffs

Asia-Pacific markets opened slightly higher Wednesday as investors brace for U.S. President Donald Trump to roll out fresh tariffs this week.

Japan's Nikkei 225 rose 0.06%, while the Topix declined 0.3%. South Korea's Kospi added 0.14% and the small-cap Kosdaq inched up 0.12%.

Australia's S&P/ASX 200 traded 0.63% higher.

Hong Kong's Hang Seng index futures last traded at 23,150, lower than the HSI's Tuesday close of 23,206.64.

U.S. stock futures moved higher as Wall Street awaits the expected rollout of President Donald Trump's tariffs on Wednesday.

Overnight in the U.S., the three major averages closed mixed. The S&P 500 added 0.38% to close at 5,633.07 while the Nasdaq Composite gained 0.87% and ended at 17,449.89. The Dow Jones Industrial Average slipped 11.80 points, or 0.03%, to settle at 41,989.96.

Source : CNBC

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