Stock market today: Asian shares edge lower after Wall Street sets more records

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Asian markets are mostly lower after U.S. stocks hit new record highs.

A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, May 22, 2024, in Tokyo. that its trade deficit rose last month as rising costs for imports outpaced an 8% rise in exports from the year before. The data were weaker than analysts had forecast.

Taiwan's Taiex gained 1.5% as shares in market heavyweight Taiwan Semiconductor Manufacturing Corp. jumped 2.7%.On Tuesday, the S&P 500 rose 0.3% to 5,321.41 and surpassed its record set last week. The Nasdaq composite gained 0.2% to 16,832.62, a day after setting its latest all-time high. The Dow Jones Industrial Average climbed 0.2% to 39,872.99 and is sitting just below its high set last week.later this year as inflation cools. More reports showing big U.S.

Trump Media & Technology Group, the company behind Donald Trump’s Truth Social network, sank 8.7% after disclosing a net loss of $327.6 million in This week doesn’t have many top-tier economic reports, and the biggest potential for sharp moves in the market will likely come from profit reports.Target also reports later in the day with Ross Stores following Thursday. They could offer more details on how well spending by U.S. households is holding up. Pressure has been rising on them amid still-high inflation, and it seems to be the highest on

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Stock market today: Asian shares edge lower after Wall Street sets more recordsAsian markets are mostly lower after U.S. stocks hit new record highs. U.S. futures and oil prices also slipped. Tokyo's Nikkei 225 fell after Japan reported that its trade deficit rose last month as rising costs for imports outpaced an 8% rise in exports from the year before. On Tuesday, the S&P 500 rose 0.3% to surpass its record set last week.
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Stock market today: Asian stocks advance after Wall Street closes out another winning weekAsian stocks have advanced after U.S. stock indexes drifted near their records on Friday with the Dow Jones Industrial Average finishing above 40,000 for the first time. U.S.
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Stock market today: Asian stocks advance after Wall Street closes out another winning weekAsian stocks have advanced after U.S. stock indexes drifted near their records on Friday with the Dow Jones Industrial Average finishing above 40,000 for the first time.
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Stock market today: Asian stocks advance after Wall Street closes out another winning weekAsian stocks have advanced after U.S. stock indexes drifted near their records on Friday with the Dow Jones Industrial Average finishing above 40,000 for the first time.
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Stock market today: Asian markets follow Wall Street higher ahead of key inflation updateAsian stocks have advanced after a rally on Wall Street took the Nasdaq composite to a record high.
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Stock market today: Asian markets follow Wall Street higher ahead of key inflation updateAsian stocks have advanced after a rally on Wall Street took the Nasdaq composite to a record high. U.S. futures and oil prices also gained. Markets in Hong Kong and Seoul were closed for holidays. Investors were reviewing a mixed report on inflation and awaiting an even more important update on consumer prices later Wednesday.
Source: AP - 🏆 728. / 51 Read more »