Asia stocks mixed as Trump delays EU tariffs

May 26, 2025 (MLN): Asia-Pacific markets traded mixed Monday as investors digested U.S. President Donald Trump’s decision to postpone 50% tariffs on European Union imports.

Japan’s benchmark Nikkei 225 increased 0.86%, while the broader Topix index added 0.46%.

In South Korea, the Kospi index advanced 1.15%, and the small-cap Kosdaq gained 1.38%.

Meanwhile, Mainland China’s CSI 300 index declined by 0.73%, and Hong Kong’s Hang Seng Index dropped 1%.

India’s benchmark Nifty 50 moved up 0.78% in early trade, while the BSE Sensex rose 0.77%. Australia’s benchmark S&P/ASX 200 was flat.

U.S. futures ticked up in early Asia trade, with U.S. markets set to remain closed on Monday for Memorial Day. On Friday, Wall Street’s key benchmarks ended lower, as CNBC reported.

The S&P 500 shed 0.67% to close at 5,802.82, the Nasdaq Composite dropped 1% to settle at 18,737.21, and the Dow Jones Industrial Average lost 256.02 points, or 0.61%, to finish at 41,603.07.

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