Stock market today: Asian shares mixed after Wall Street's lull stretches to a 2nd day

  • 📰 AP
  • ⏱ Reading Time:
  • 26 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 59%
  • Publisher: 51%

Financial Markets News

Japan Government,General News,F

Asian shares are mixed after Wall Street’s lull stretched into a second day. China reported better than expected trade figures for April. U.S. futures were slightly lower and oil prices rose. On Wednesday, the S&P 500 closed little changed after a big three-day winning streak gave way to a slight gain the prior day.

A person looks at an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Thursday, May 9, 2024, in Tokyo. A person stands near an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Thursday, May 9, 2024, in Tokyo. A person rides bicycle past an electronic stock board showing Japan’s Nikkei 225 and New York Dow indexes at a securities firm Thursday, May 9, 2024, in Tokyo.

“We’re always prepared to do so if necessary. We might do it today. We might do it tomorrow,” Masato Kanda, the Finance Vice Minister for International Affairs. The Dow Jones Industrial Average rose 0.4% to 39,056.39, and the Nasdaq composite slipped 0.2% to 16,302.76. Intel fell 2.2% after saying the U.S. Commerce Department revoked licenses for exports to a Chinese customer. That could cause its revenue for the current quarter to fall below the midpoint of the forecasted range it had earlier given.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week. Benchmarks rose in early Monday trading in Sydney, Seoul, Hong Kong and Shanghai. Trading was closed in Tokyo for a Japanese national holiday, Showa Day.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares gain despite Wall Street’s tech-led retreatAsian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of
Source: Mynorthwest - 🏆 438. / 53 Read more »

Stock market today: Asian shares gain despite Wall Street's tech-led retreatAsian shares have advanced even after sinking technology stocks sent Wall Street lower again. U.S. futures were lower, while oil prices gained. On Wednesday, the S&P 500 index dipped 0.6% for its longest losing streak since early January. The Dow Jones Industrial Average edged 0.1% lower, and the Nasdaq composite fell 1.1%.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateAsia stocks are mostly lower as worries about potentially escalating tensions in the Middle East rattle financial markets. U.S. futures rose and oil prices fell. The retreat in Asia on Monday following a mixed start to earnings reporting season that took the S&P 500 down 1.5% on Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.
Source: AP - 🏆 728. / 51 Read more »