Asian Markets Rise on US Economic Growth
Update: 2025-12-24
Description
Asian markets mostly traded higher today, following the S&P 500s record close, driven by robust U.S. economic growth. The benchmark index rose 0.5% to 6909.79, with tech giants like Nvidia and Alphabet posting gains. The economy expanded at a 4.3% annual rate in Q3, surpassing expectations, despite inflation remaining at 2.8% and consumer confidence waning. Novo Nordisk shares surged 7.3% after U.S. regulators approved a daily pill version of its weight-loss drug. Markets in Hong Kong and Australia closed early for Christmas Eve, while U.S. futures dipped slightly ahead of early closes. Weekly jobless claims data and global holiday vibes will be in focus tomorrow.
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