{"id":122402,"title":"What happened overnight – Friday 9th May 2025","publisher":"Share Talk","author":"sharetalk","published":"2025-05-09T08:53:22+00:00","modified":"2025-05-09T08:53:22+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-friday-9th-may-2025/","markdown_url":"https://www.share-talk.com/what-happened-overnight-friday-9th-may-2025.md","json_url":"https://www.share-talk.com/what-happened-overnight-friday-9th-may-2025.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["AI-focused","Asia","Asia-Pacific index","Asian market","Asian markets","Asian trading","Bank of England","Bank of Japan","Bank of New York","Beijing","bond market","Brent Crude","china","chips","currency","Dow Jones","European Union","Federal Reserve","Hong kong","India","Jakarta","Japan","JP Morgan","Manila","Nikkei","Nvidia","Russia","semiconductor","Sensex","Seoul","shanghai","Shenzhen Composite Index","Singapore","South Korea","Sydney","Taipei","Treasury yields","U.S. bond market","U.S. dollar","U.S. stocks","U.S. Treasury","US recession","USA","Wall Street","Wellington","White House"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/04/overnight.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Asian Markets Mixed as Investors Eye US-China Trade Talks**\n\nAsian shares were mixed on Friday as investors looked ahead to key trade talks this weekend between China and the US, despite news of a UK-US trade deal.\n\nChina reported an 8.1% year-on-year rise in exports for April—beating expectations but slowing from 12.4% in March. However, shipments to the US plunged over 20%, reflecting the impact of higher tariffs imposed by the Trump administration.\n\nHong Kong’s Hang Seng edged down 0.1% to 22,777.82, while the Shanghai Composite slipped 0.3% to 3,343.38. South Korea’s Kospi was flat at 2,578.64, and Australia’s ASX 200 gained 0.4% to 8,228.10. Taiwan’s Taiex rose sharply by 1.7%.\n\nJapan’s Nikkei 225 led gains in the region, jumping 1.5% to 37,493.65.\n\nIn the US, equities rallied after President Trump announced a “breakthrough” trade agreement with the UK. The Dow Jones Industrial Average rose 0.6% to 41,368.45, while the S&P 500 also added 0.6% to 5,663.94. The Nasdaq Composite outperformed, climbing 1.1% to 17,928.14.\n\nMeanwhile, bond yields climbed as the yield on the 10-year US Treasury rose to 4.381%, up from 4.274% the day before."}