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Asia-Pacific markets showed varies performances
Asia-Pacific markets showed varied performances on Wednesday. Indian stocks steadied, following a significant decline the previous day, as investors processed the outcome of the national election. In India, the Nifty 50 and the BSE Sensex all gain nearly 1%, recovering slightly after the previous day's sharp falls of about 6% respectively. These had wiped out $371 billion dollars in market capitalization, following the election results. Australia's first-quarter GDP grew by 1.1% year-over-year, slightly below expectations, while the S&P 200 increased by 0.45%. Elsewhere in the Asia-Pacific region, Japan's Nikkei 225 and the Topix shed over 1%, while South Korea's Kos-pi and the Kos-daq all made gains. To Wall Street now, where S&P500 closed marginally up 0.15% - and the Dow Jones edged higher by 0.35%, bouncing back, as fresh data showed job vacancies in the US slipped in April to their lowest level since 2021.
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