Nikkei 225, Kospi, Jakarta Composite Index
Low angle view of tall buildings displaying various architectural styles in Tokyo, Japan
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Gold and silver prices fell on Friday after hitting record highs on Thursday.
Spot gold prices fell by over 4 percent to $5,156.64 per ounce. The yellow metal has continued its rise of around 20% so far.
Silver prices lost over 5 percent, falling to $110.26 per ounce. Year-to-date, the price of the white metal is still 53% higher.
Asia-Pacific markets were mixed after US President Donald Trump said he would announce his pick for the next chairman of the Federal Reserve on Friday.
Speaking at the premiere of Melania, a movie about First Lady Melania Trump, Trump said the five-month search to replace current chairman Jerome Powell was nearing its end.
The process of selecting Powell’s replacement began in September with a field of 11 candidates that included past and current Fed officials, economists and Wall Street investment professionals.
South Korean Kospi gained 1.23%, while small-cap Kosdaq gained 0.99%. of japan Nikkei 225 up 0.25% and Topix up 0.58%.
Australia’s S&P/ASX 200 index rose 0.23%.
Hong Kong’s Hang Seng index fell 0.71%, while the mainland’s CSI 300 index lost 0.51%.
Depends on futures transactions S&P 500 decreased by 0.16% Nasdaq 100 futures. Dow futures It fell 112 points, or about 0.2%. Trump also approved a Senate agreement to fund the vast majority of the federal government through the remainder of the fiscal year, easing short-term political uncertainty for investors.
Senators reached the agreement a little more than a day before the partial government shutdown. They agreed to remove funding for the Department of Homeland Security from the package and pass five other bills; DHS will be funded on an interim basis.
overnight in the USA, S&P 500 fell, got stuck in the mire MicrosoftInvestors reacted to the megacap tech company’s latest earnings results and the Federal Reserve’s interest rate decision.
The broad market index closed at 6,969.01 points, losing 0.13 percent. Nasdaq Composite It ended at 23,685.12, down 0.72%. Dow Jones Industrial Average It settled at 49,071.56, up 0.11% or 55.96 points. In crypto currencies, bitcoin It lost more than 5% and hit its lowest level in almost two months.
— CNBC’s Sean Conlon and Pia Singh contributed to this report.
