Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan, on December 24, 2013.<\/p>\n
Kiyoshi Ota | Bloomberg | Getty Images<\/p>\n
Asia-Pacific markets opened higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto import tariff of 15%, down from 27.5%.<\/p>\n
The order also confirms the agreement for $550 billion of Japanese investments<\/a> in U.S. projects.<\/p>\n Japan’s Nikkei 225<\/a> jumped 1.39% and the Topix added 0.86% after Japan’s July household spending rose 1.4% year over year. South Korea’s Kospi climbed 0.26% while the Kosdaq jumped 0.35%.<\/p>\n Australia’s S&P\/ASX 200<\/a> rose 0.58%.<\/p>\n Hong Kong’s Hang Seng Index<\/a> was on course to open lower, with the futures contract at 25,021, compared with its Thursday close at 25,058.51.<\/p>\n Malaysian and Indonesian markets were closed for a holiday.<\/p>\n U.S. equity futures were little changed ahead of the August jobs report due out Friday stateside.<\/p>\n Overnight stateside, all three key benchmarks rose on hopes of a favorable jobs report that supports a Federal Reserve rate cut chance.<\/p>\n The broad market S&P 500 finished up 0.83% at 6,502.08, while the\u00a0Nasdaq Composite<\/a>\u00a0settled up 0.98% at 21,707.69. The\u00a0Dow Jones Industrial Average<\/a>\u00a0finished up 350.06 points, or 0.77%, at 45,621.29. It was S&P 500\u2032s 21st record close so far this year.<\/p>\n \u2014 CNBC’s Sean Conlon and Sarah Min contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in…\n","protected":false},"author":2,"featured_media":115286,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[5754,6703,5745,5753,4117,84,273,17069,42875,141,4126,5747,5748,814,5749,467,4127,55441,5751,4125,5750,5752,56,54,158,55,5746,6147,4953],"class_list":["post-115285","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-asia-economy","tag-asia-news","tag-australian-dollar-us-dollar-fx-spot-rate","tag-breaking-news-asia","tag-breaking-news-markets","tag-business","tag-business-news","tag-central-banking","tag-currency-markets","tag-donald-trump","tag-dow-jones-industrial-average","tag-dxy-us-dollar-currency-index","tag-hang-seng-index","tag-interest-rates","tag-kospi-index","tag-markets","tag-nasdaq-composite","tag-nikkei-225","tag-nikkei-225-index","tag-sp-500-index","tag-sp-asx-200","tag-shanghai","tag-uk","tag-united-kingdom","tag-united-states","tag-unitedkingdom","tag-usd-jpy","tag-world-economy","tag-world-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/115285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=115285"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/115285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/115286"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=115285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=115285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=115285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}