US EditionAsian shares are mixed after Wall Street's rally steadied
- Asian shares closed mixed on Friday as Wall Street edged higher amid a cautious trading environment.
- The market calm follows a temporary tariff stand-down between the US and China, while concerns persist about trade tensions and economic growth.
- Japan’s economy contracted faster than expected in Q1 with exports down and consumer spending flat, while key indexes such as Tokyo's Nikkei fell 0.3%.
- The S&P 500 increased by 0.4% to reach 5,916.93, marking its fourth consecutive day of gains and bringing it to less than 4% below the record level it achieved earlier this year.
- Reports indicate that the Federal Reserve could have additional flexibility to reduce interest rates later in 2025 to help bolster the US economy, which is under strain from elevated tariffs and inconsistent economic indicators.
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20 Articles
20 Articles
All
Left
4
Center
10
Right
1
Coverage Details
Total News Sources20
Leaning Left4Leaning Right1Center10Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 27%
C 67%
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