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The Independent UK
The Independent UK
National
Teresa Cerojano

Asian shares are mixed in holiday-thinned trading with Wall Street closed for Thanksgiving

South Korea Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

Asian shares were mixed Friday in holiday-thinned trading as tech stocks slipped as a recent rebound driven by hopes for an interest rate cut by the Federal Reserve lost steam.

While developments related to artificial intelligence have been driving recent ups and downs in world markets, the focus remains on the outlook for U.S. monetary policy. Recent comments by Fed officials have helped revive hopes the central bank will act during its meeting next month.

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