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business21h ago
Asia markets mixed after S&P 500 hits record, South Korea pushes fresh highs
- Kospi hits a record high for the second straight session, closing 1.69% higher.
- Japan’s Nikkei 225 moved into positive territory late in the session.
- The yen strengthened to its highest level in almost three months amid intervention expectations.
- Australia’s ASX 200 slid 0.13% after a three-day rally.
- Indonesia’s Jakarta Composite plunged about 8% after MSCI warned of a potential downgrade.
- Gold prices reached a fresh record high above $5,255 per ounce.
- US markets closed mixed as the Nasdaq rose while the Dow fell.
- Investors await the Federal Reserve decision on rates with expectations of a hold.
- Hong Kong’s Hang Seng gained in late trading, led by energy stocks.
- MSCI cited 'opacity in shareholding structures' as a concern affecting investability in Indonesia.
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