{"id":118697,"title":"What happened overnight – Thursday 9th January 2025","publisher":"Share Talk","author":"sharetalk","published":"2025-01-09T08:17:46+00:00","modified":"2025-01-09T08:17:46+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-thursday-9th-january-2025/","markdown_url":"https://www.share-talk.com/what-happened-overnight-thursday-9th-january-2025.md","json_url":"https://www.share-talk.com/what-happened-overnight-thursday-9th-january-2025.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/01/WORLD-750x406-1.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"Asian stock markets mostly declined following mixed performances from UK and US indices.\n\n**Tokyo** experienced a drop in shares after Japan reported strong wage growth for November, a development that may encourage the central bank to consider raising interest rates. The Nikkei 225 fell by 1.4% to 39,417.04. Additionally, the US dollar weakened against the Japanese yen, decreasing from 158.36 yen to 157.78 yen per dollar.\n\n**Chinese equities** showed mixed results. Hong Kong’s Hang Seng index edged up by 0.1% to 19,296.89, while the Shanghai Composite slipped 0.3% to 3,220.72.\n\nIn **Australia**, the S&P/ASX 200 declined by 0.4% to 8,312.20. **South Korea’s Kospi** inched up slightly, increasing less than 0.1% to 2,521.67 despite strong gains in the technology and automotive sectors.\n\n**Taiwan’s Taiex** dropped by 1%, **India’s Sensex** was down 0.3%, and **Thailand’s SET** fell by 1.3%.\n\n**US markets** will be closed today in observance of a National Day of Mourning for former President Jimmy Carter.\n\nOn **Wall Street**, the Dow Jones Industrial Average rose by 0.3% to 42,635.20, and the S&P 500 increased by 0.2% to 5,918.25. However, the Nasdaq Composite declined slightly by 0.1% to 19,478.88. These movements followed strong economic reports that have heightened concerns about the potential for inflation and interest rates to remain higher than expected.\n\nIn the **bond market**, yields on the benchmark 10-year US Treasury notes reached 4.73%, the highest level since April 2024, up from 4.69% late Tuesday and 4.71% the previous night."}