"European shares were mixed in early trading while Asian shares mostly fell on Friday after a respite from Wall Street's recent feverish rally. The price of gold also pulled back from record highs following recent torrid runs.The futures for the S&P 500 and the Dow Jones Industrial Average were both up less than 0.1%. Oil prices slipped.In early European trading, Germany's DAX rose 0.2% to 24,652.73, while France's CAC 40 added 0.4% to 8,076.96."
"Political uncertainty also loomed after the ruling Liberal Democrats failed to persuade their junior coalition partner, the Buddhist-backed Komeito, to stay. The Komeito's leader said the group was unhappy with the Liberal Democrats' stance on cleaning up corruption.The Komeito's move was a significant blow to hopes for LDP leader Sanae Takaichi, an ultra-conservative lawmaker, to become Japan's first female prime minister."
European markets opened mixed while Asian indexes mostly declined after a pause in Wall Street gains. Gold retreated from record highs and oil prices slipped. In Europe, Germany's DAX rose modestly and France's CAC 40 also gained, while Britain's FTSE 100 edged lower on mining and energy losses. Most Asian markets fell, but South Korea's Kospi jumped 1.7% led by strong tech stock rallies including SK Hynix and Samsung Electronics after a major AI funding announcement. Japan's Nikkei fell after higher-than-expected producer prices and mounting political uncertainty over the LDP–Komeito coalition. Major US indexes showed small pullbacks from recent highs.
Read at Fast Company
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