Asian and Australian Markets Surge Following Wall Street's Positive Cues Amid Global Economic Concerns on Monday, March 4, 2025

On Monday, March 4, 2025, Asian and Australian stock markets rebounded, mirroring Wall Street's Friday gains. The S&P/ASX 200 in Australia rose by 0.56% to 8,218.10, driven by mining and tech sectors, while financials lagged. Japan's Nikkei 225 increased by 1.14% to 37,580.02, fueled by automakers and financials. Other Asian markets showed mixed performance, with Indonesia and Hong Kong leading gains. These movements occur amid concerns that the U.S. trade war could negatively impact global growth and potentially trigger recessions. Investors are closely watching for potential interest rate cuts by the U.S. Federal Reserve in response to these economic uncertainties. The Aussie dollar traded at $0.622. Star Entertainment's shares were suspended due to failure to lodge accounts to the ASX.