US markets end the week in red; Asian markets start in green

US markets ended the week, on 6^th June 2025, on a strongly positive note. The US economy added 139000 jobs in May. This was slightly more than expected but less than the 147,000 jobs added in April. The report indicated that job growth slowdown is accelerating in USA. If the slowdown accelerates further, then it may push the US Federal Reserve to go for an interest rate cut.

Nasdaq ended the day on 6^th June, up by 231.5 points or 1.20%. Dow Jones ended the day, up by 443.13 points or 1.05%. S&P 500 ended the day, up by 61.06 points or 1.03%.

Asian markets start the day strongly in green

Asian markets have also started the day strongly in green today, 9^th June, 2025. At 9:30 a.m. IST, Nikkei 225 is up by 415.9 points or 1.10%. Hang Seng is up by 240.87 points or 1.01%. Shanghai composite is up by 7.90 points or 0.23%. South Korean KOSPI is up by 47.48 points or 1.69%.

US President Donald Trump announced last week that US and China will resume trade talks in London. Chinese government also announced that it will quickly clear licenses for exports of rare earth minerals. These developments seem to have lifted market sentiments somewhat today.

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Source: Dow Jones