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Asian markets showed mixed results Thursday, mirroring Wall Street's gains. Japan's Nikkei 225 surged over 1%, while South Korea's Kospi fell 0.47%. Positive sentiment stemmed from potential progress in US-China trade relations and President Trump's assurance regarding the Federal Reserve Chair. South Korea reported a surprise GDP contraction of 0.1% in Q1 2025, defying expectations. US futures traded modestly, following two consecutive days of gains for major indices.

Prepared by Christopher Adams and reviewed by editorial team.