Asian Markets Surge, U.S. Dips: BOJ Rate Hike Ripples
Update: 2025-12-02
Description
Asian stock markets rebounded today, following a slight U.S. market dip, as global bond yields rise. Tokyos Nikkei climbed by 0.5%, Hong Kongs Hang Seng by 0.7%, and South Koreas Kospi by 1.5%. The U.S. markets saw a downturn, ending a five-day winning streak, due to slowing job growth and tariff complications. The Bank of Japans rate hike hint led to a drop in Bitcoin, while the holiday shopping season is off to a strong start.
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