The post Wall Street’s winning sessions are rubbing off on Asian stock markets appeared on BitcoinEthereumNews.com.

Wall Street closed higher on Tuesday, and that gain flowed straight into Asia by Wednesday morning. The S&P 500 went up by 0.16% to end at 5,776.65, extending Monday’s rally. The Nasdaq Composite surged by 0.46% to finish at 18,271.86, and the Dow Jones Industrial Average rose just 4.18 points, closing at 42,587.50. The boost came as investors bet that Donald Trump’s new tariffs will be less aggressive than feared. According to CNBC, traders mostly ignored the latest consumer data from March, which showed a steep drop in how Americans view their financial futures. The Conference Board reported that its confidence index fell to 92.9, below the expected 93.5. The expectations component, which looks ahead six months, dropped to 65.2, the lowest since 2013. That number is also far under 80, the level many analysts use to flag possible recessions. Only one sector is still green this month—energy, up 3.2%. On Tuesday, it added another 0.3%. Two companies have led that rise. EQT jumped around 13% in March. Expand Energy is close behind, up nearly 11%. Wall Street doesn’t seem to care much about shaky confidence levels, especially with energy stocks helping balance the board. Asian markets jump on the Wall Street train That same momentum carried into Asia-Pacific markets on Wednesday. Regional benchmarks rose across the board after following Wall Street’s performance. Asian traders also reacted to signs that Trump’s trade penalties might be more narrow than initially expected. In Australia, the S&P/ASX 200 index rose 0.71% and ended the session at 7,999. Japan’s Nikkei 225 moved up 0.65%, closing at 38,027.29. The Topix index climbed 0.55% to finish at 2,812.89. In South Korea, the Kospi increased by 1.08% and ended at 2,643.94, while the small-cap Kosdaq index rose 0.73%, finishing at 716.48. Thailand’s SET Index rose 0.62% after…

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Filed under: News - @ March 26, 2025 10:24 am