Global shares mostly rise after Wall Street sets new records
[September 16, 2025] By
YURI KAGEYAMA
TOKYO (AP) — Global shares traded mostly higher Tuesday after Wall
Street set new records and investor anticipation grew that the U.S.
Federal Reserve will announce the first cut of the year to its main
interest rate.
France's CAC 40 edged up nearly 0.1% to 7,891.76 in early trading, while
the German DAX fell 0.2% to 23,690.86. Britain's FTSE 100 dipped 0.1% to
9,267.31. U.S. shares were set to drift higher with Dow futures inching
up less than 0.1% to 46,277.00. S&P 500 futures rose 0.2% to 6,694.00.
In Asia, Japan's benchmark Nikkei 225 came off a holiday to momentarily
reach above 45,000 points a few times during the session, finishing at a
record 44,902.27, up 0.3% from the previous close and the fourth
straight session of record closes.
The rally comes despite ongoing political uncertainty in Japan after
Prime Minister Shigeru Ishiba said he is stepping down. An election
within the ruling Liberal Democratic Party to pick a new leader is
expected Oct. 4. Candidates include Shinjiro Koizumi, the farm minister
and son of former Prime Minister Junichiro Koizumi. Another is Sanae
Takaichi, who could become Japan's first woman prime minister.
It's not clear if the chosen ruling party chief can become the nation's
leader, as the party does not have a majority in Parliament and must
forge a coalition with smaller parties.
Australia's S&P/ASX 200 edged up 0.3% to 8,877.70. South Korea's Kospi
rose 1.2% to 3,449.62.
Hong Kong's Hang Seng reversed earlier declines, rising moderately
before falling again to finish little changed at 26,438.51. The Shanghai
Composite inched up less than 0.1% to 3,861.86. U.S. Treasury Secretary
Scott Bessent said after weekend trade talks in Spain that a framework
deal had been reached between China and the U.S. over the ownership of
popular social video platform TikTok.
[to top of second column] |
Currency traders work near a screen showing the Korea Composite
Stock Price Index (KOSPI) at the foreign exchange dealing room of
the Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 16,
2025. (AP Photo/Ahn Young-joon)
 Bessent said after the latest round
of trade talks between the world’s two largest economies concluded
in Madrid that U.S. President Donald Trump and Chinese Premier Xi
Jinping would speak Friday to possibly finalize the deal. He did not
disclose the terms of the agreement.
The market’s main event for the week will arrive on Wednesday.
That’s when the Federal Reserve will announce its latest decision on
interest rates. A rate cut could give a kickstart to the job market,
which has been slowing. But markets are in for a disappointment if
the cut doesn't come.
The next economic update will arrive Tuesday, when the U.S.
government will say how much shoppers spent at U.S. retailers last
month.
In energy trading, benchmark U.S. crude fell 18 cents to $63.12 a
barrel. Brent crude, the international standard, lost 19 cents to
$67.25 a barrel.
In currency trading, the U.S. dollar edged down to 147.08 Japanese
yen from 147.33 yen. The euro cost $1.1797, up from $1.1769.
All contents © copyright 2025 Associated Press. All rights reserved
 |
