People walking in george st on a sunny day with the sydney ton hall building in the background.
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Australian Markets Climbed CHURSDAY, Breaking Ranks With Wall Street that Fell overnight as the federal reserve kept interest rates unchanged. Several Asia-Pacific Markets Were Closed for the Lunar New Year Holiday.
The S & p/asx 200 Rose 0.53%, Extended Gains from the Previous Session.
Australia’s Export Price Index Climbed 3.6% in the fourth Quarter of 2024, but fell 8.6% through the year, Data from the Australian Bureau of Statistics ReveledIts import price index rose 0.2% in the same Quarter, but fell 1.9% through the year. These indexes reflect the changes in price and expenses from the country.
Japan’s benchmark Nikkei 225 Gained 0.13% While The Broader Topix Index was Flat, in Choppy Trading.
Overnight in the US, Benchmark Indexes Fell after the federal reserve Left Interest Rates Unchanged in its first policy decision of the year on wedding.
The S & p 500 Slid 0.47% to Close at 6,039.31, while the Nasdaq composite Lost 0.51% to end at 19,632.32. The Down jones Industrial Average SHED 136.83 points, or 0.31%, to 44,713.52.
Artificial Intelligence Darling Nvidia Lost 4.1%, after a strong showing in the previous session.
The Chipmaker’s Shares Hit Session lows after reports from bloomberg news that Trump Administration Officials Had Discussed curbing its chip sales to china folling the challenge posed by the Country
– CNBC’s Lisa Kailan Han and Brian Evans Contributed to this Report.
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