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Reading: Asia markets combined after S&P 500 hits report, South Korea pushes recent highs
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Stock Market

Asia markets combined after S&P 500 hits report, South Korea pushes recent highs

Editor
Last updated: January 28, 2026 5:31 am
Editor
Published: January 28, 2026
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Asia markets combined after S&P 500 hits report, South Korea pushes recent highs


Melbourne, Australia

Kieran Stone | Second | Getty Photos

Asia-Pacific markets have been combined Wednesday, breaking ranks with Wall Road after the S&P 500 closed at a report excessive.

The broad market index gained 0.41% to complete at 6,978.60, supported by positive aspects in Apple and Microsoft.

South Korea’s Kospi and Kosdaq continued to push recent information, gaining 1.48% and three.42% respectively.

Nonetheless, Japan’s Nikkei 225 slumped 0.55%, dragged by fundamental supplies shares, whereas the Topix fell 0.88%.

Late Tuesday, the yen strengthened to its highest stage in virtually three months in opposition to the greenback, touching a low of 152.08 amid intervention expectations swirling across the foreign money.

Hong Kong’s Dangle Seng Index was up 2.27%, led by power shares, whereas the CSI 300 index on mainland China rose 0.47%.

Australia’s S&P/ASX 200 reversed earlier positive aspects and fell 0.13% to eight,929.9, snapping a three-day profitable streak.

Australia noticed headline inflation are available at 3.6% within the final quarter of 2025, its highest stage in six quarters.

On the commodities entrance, spot gold costs additionally reached a recent report of $5,255.71 per ounce.

In a single day within the U.S., the Nasdaq Composite climbed 0.91%, whereas the Dow Jones Industrial Common broke ranks, dropping 408.99 factors, or 0.83%, and settling at 49,003.4.

S&P 500 futures have been close to the flatline forward of the Federal Reserve’s rate of interest resolution and earnings experiences from main tech corporations.

The central financial institution is broadly anticipated to maintain its benchmark rate of interest regular at a goal vary of three.5% to three.75%, however merchants shall be in search of hints on longer-term modifications to financial coverage. 

—CNBC’s Sean Conlon and Pia Singh contributed to this report.

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