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Asian Shares Are Mostly Higher, Tracking US Rally Into Record Heights

  • Most Asian stock markets rose on July 1, 2025, following record gains on Wall Street, while Japan’s Nikkei 225 fell more than 1.2 percent.
  • The rise in Asian markets traced the U.S. stock market hitting new all-time highs after completing a roughly 20 percent recovery from a springtime sell-off.
  • Investor confidence was bolstered by Canada abandoning its proposed levy targeting American tech companies, the reopening of trade negotiations, robust technology sector earnings, and the Federal Reserve’s decision to hold off on rate reductions until further economic data becomes available.
  • The S&P 500 rose 0.5 percent to 6,204.95, the Dow Jones added 275.50 points, the Nasdaq gained 96.27 points, and the 10-year Treasury yield fell to 4.23 percent ahead of Thursday's jobs report.
  • Strategists cautioned that tariff escalations scheduled to resume soon could threaten market gains if they materially affect growth, earnings, or inflation.
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Asian shares are mostly higher, tracking US rally into record heights

·United States
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Another record for US indicesAfter four months and even after a dip of about 20 percent along the way, Friday was another record for US stocks, and Monday marked the month's and quarter's highest.

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Portfolio.hu broke the news in on Monday, June 30, 2025.
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