On June 15, 2022, a full moon, also known as the Strawberry Super Moon, appeared over the skyline of Sydney’s CBD, Australia.
Steven Safire | Anadolu Agency | Getty Images
Asia-Pacific markets opened mixed on Wednesday following gains on Wall Street, with the S&P 500 and Dow Jones Industrial Average setting new intraday and closing records.
Asian traders will assess Australia’s monthly consumer price index data, which is due to be released later in the day. A Reuters poll predicts that the monthly CPI indicator will increase by 2.3% year-on-year in October, higher than the 2.1% increase in September.
Australia’s S&P/ASX 200 opened 0.45% higher.
Japanese Nikkei 225 Index Futures showed that the market opened lower, with the Chicago futures contract at 38,350 points and the Osaka futures contract at 38,330 points, compared with the previous closing price of 38,442 points.
Hongkong Hang Seng Index The futures index was at 19,172 points, slightly higher than the Hang Seng Index’s last closing point of 19,159.2 points.
In the US stock market on Tuesday, the blue-chip Dow Jones Index rose 123.74 points, or 0.28%, to close at a record 44,860.31 points; the S&P 500 Index rose 0.57%, closing at a record 6,021.63 points. The Nasdaq rose 0.63% to 19,174.30 points.
The strong performance came after U.S. President-elect Donald Trump called for 25% tariffs on products from Mexico and Canada, and an additional 10% tariff on Chinese goods.
He has said he would impose tariffs of up to 20% on all imported products and impose additional tariffs of at least 60% on products from China.
One market analyst who spoke to CNBC said market participants seemed to ignore Trump’s announcement because they either didn’t expect the tax to actually materialize or were already priced in by traders.
—CNBC’s Samantha Subin and Alex Harring contributed to this report.
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