Nikkei 225, Kospi, Hang Seng Index, Nifty 50
Aerial view of vehicles driving on the road along the central business district in Beijing, China.
VCG | Visual China Group | Getty Images
Asia-Pacific markets traded mostly higher on Wednesday as investors awaited inflation data from China and the Fed’s interest rate decision later in the day.
Investors are eagerly awaiting the Fed’s interest rate announcement, which will be closely watched in the US on Wednesday, the last of the year. Markets largely expect the Fed to reduce the overnight lending rate by another 0.25 percentage points, in line with the cuts made in September and October.
in Asia, Australia S&P/ASX 200 rose 0.2 percent.
of japan Nikkei 225 It increased by 0.82%, while Topix increased by 0.65%. South Korea’s Kospi index rose by 0.22%, while the small-cap Kosdaq lost 0.19%.
Hong Kong Hang Seng index Futures traded at 25,399, below the last close of 25,434.23.
overnight in the USA, S&P 500 It closed relatively unchanged. While the broad market index followed a horizontal line and closed at 6,840.51 points, losing only 0.09%, Nasdaq Composite closed the day at 23,576.49 points, with a 0.13% increase. Dow Jones Industrial Average It closed at 47,560.29, down 179.03 points or 0.38%. 30 stock indexes fell with a decrease JPMorgan shares of higher-than-expected 2026 expense projections.
—CNBC’s Sean Conlon and Alex Harring contributed to this report.
