Stock market recap: Europe rises, Asia markets mixed

Traders Union
All News
Stocks
Europe rises, Asia markets mixed

All news

Global indexes

- S&P 500: 6,460.26, -0.64%

- NASDAQ: 21,455.552, -1.15%

- DJIA: 45,544.88, -0.20%

- FTSE: 9,208.44, +0.23%

- NIKKEI: 42,188.79, -1.24%

- HSI: 25,617.42, +2.15%

- SHANGHAI: 3,875.53, +0.46%

U.S. markets

American stock exchanges celebrate Labor Day.

Friday’s losses halted Wall Street’s recent rally, though the S&P 500 still posted a fourth consecutive monthly gain. The selloff was led by technology shares, with the Nasdaq underperforming after disappointing earnings from Dell and Marvell raised concerns about data-center demand. Meanwhile, inflation data underscored persistent price pressures, complicating the Fed’s policy outlook.

Adding to uncertainty, political tensions in Washington deepened as President Donald Trump faced a setback after a U.S. appeals court ruled many of his tariffs illegal, though they remain in place until mid-October pending a possible Supreme Court challenge.

European markets

European equities ticked higher despite global volatility. The STOXX 600 rose 0.4% to 552.21, while Germany’s DAX and France’s CAC 40 each advanced around 0.5%. The U.K.’s FTSE 100 added 0.3%, supported by banks and utilities. Investors also weighed Denmark’s downward revision to its 2025 growth forecast, citing weaker exports from pharmaceutical giant Novo Nordisk due to U.S. tariffs and rising competition in the weight-loss drug market.

Asian markets

Asian markets offered a mixed picture. In China, factory activity showed signs of improvement, lifting sentiment. The Shanghai Composite rose 0.46%, and Hong Kong’s Hang Seng jumped 2.15%, driven by a 13.5% surge in Alibaba shares amid strong revenue from AI-related businesses.

By contrast, Japan’s markets suffered heavy losses. The Nikkei 225 dropped 529.68 points, dragged lower by tech giants such as Advantest (-7.9%) and SoftBank Group (-4.8%). South Korea’s Kospi slid 1.35%, as U.S. trade restrictions on Samsung and SK Hynix fueled concerns about semiconductor supply chains.

Australia’s S&P/ASX 200 slipped 0.51%, pressured by miners and banks, while New Zealand’s NZX-50 gained 1.08%, extending a three-day rally.

Summary conclusions

Markets worldwide are navigating a complex environment of stubborn inflation, trade disputes, and uneven corporate earnings. While Wall Street pulled back on renewed rate concerns, European equities gained on tariff relief, and Asia remained divided between China’s modest recovery and Japan’s tech-driven losses.

Looking forward, all eyes are on the Federal Reserve’s September meeting, where policymakers will weigh inflation risks against slowing growth. The outcome could set the tone for global markets heading into the final quarter of 2025.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.