Asian shares are mixed after South Korea makes tariff deal and US stocks fall
ABC NewsThursday, July 31, 2025 at 6:40:22 AM
Asian markets had a mixed day, with some up and others down, following a dip in US stocks. Investors are getting jittery about whether the Federal Reserve will actually cut interest rates by September—something many were counting on to give the economy a boost. Meanwhile, South Korea’s new tariff deal added a bit of positive momentum in the region, but it wasn’t enough to fully offset the broader uncertainty.
Editor’s Note: This isn’t just a story about numbers on a screen—it’s about real-world nerves. If the Fed holds off on rate cuts, borrowing stays expensive, and that affects everything from mortgages to business loans. South Korea’s deal is a bright spot, but the bigger question is whether central banks will step in to help a wobbly global economy. For everyday folks, it’s a reminder that what happens on Wall Street doesn’t stay there.
— Curated via WP Now’s
