Asia Markets Mixed, Eurozone Gains; Oil Rises On Trade Deal Hopes - Global Markets Today While US Slept
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 09 2025
0mins
Source: Benzinga
U.S. Market Performance: On May 8th, U.S. markets closed higher due to a new trade deal with the U.K. that lowered tariffs and secured Boeing orders, alongside positive jobless claims data, despite concerns over inflation and labor market conditions.
Global Market Trends: Asian markets showed mixed results, with Japan's Nikkei rising significantly while India's Nifty 50 and China's Shanghai Composite declined; European indices also experienced gains, and oil prices rose amid easing U.S.-China trade tensions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
