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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian benchmarks are mixed after Wall Street edges down from record highs

Asian shares traded mixed Wednesday after U.S. stocks edged down from record highs and as market focus turned to expectations for the Federal Reserve's first interest rate cut of the year.

Japan's benchmark Nikkei 225 gained 0.2% in morning trading to 44,995.79. The Finance Ministry reported Japan's exports to the U.S. dropped 13.8% in August compared to the same month the previous year, marking the fifth straight month of declines, as auto exports declined amid President Donald Trump's tariffs.

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