Asian markets showed mixed performance today, with Singapore's Straits Times Index gaining 0.3% while Hong Kong's Hang Seng Index fell 0.2%. Market focus remains on the potential for future Federal Reserve rate cuts.
On February 5, 2026, Asian stock markets displayed varied movements today. Singapore's Straits Times Index (STI) rose 0.3% to close at 3,250 points, boosted by local economic data and regional trade prospects. However, Hong Kong's Hang Seng Index (HSI) fell 0.2% to 16,050 points, primarily due to concerns over China's economic slowdown. Meanwhile, overnight, US stock markets performed strongly, with the Dow Jones Industrial Average up 0.7% and the S&P 500 gaining 0.9%, largely driven by market expectations of potential Federal Reserve rate cuts by mid-year. This anticipation provided some support for Asian equities, particularly in technology and export-oriented sectors. Analysts noted that the Fed's monetary policy path would continue to be a crucial factor influencing global and regional market sentiment.
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