Japan stocks track Wall Street declines overnight; most Asia markets closed for holiday

Australian markets climbed Thursday, diverging from Wall Street’s decline as the Federal Reserve maintained interest rates unchanged. The S&P/ASX 200 rose 0.37%, with Australia’s export price index up 3.6% in Q4 2024 but down 8.6% annually. In contrast, Japan’s Nikkei 225 and Topix index fell after previous gains, while U.S. markets dropped post-Fed decision, with Nvidia losing 4.1% amid reports of potential chip sales restrictions to China.— CNBC’s Lisa Kailan Han and Brian Evans contributed to this report.

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