Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index , top left, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 16, 2024. Currency traders work near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S.
The Hang Seng in Hong Kong added 1.6% to 17,376.44, and the Shanghai Composite index edged 0.1% higher to 2,879.93. Another e-commerce company JD.com’s shares was up 8.9% after it reported forecast-beating quarterly profits. On Thursday, the S&P 500 jumped 1.6% for its fourth-best day of the year and its sixth straight gain as the U.S. stock market rights itself following. It’s back to within 2.2% of its all-time high set last month after briefly falling close to 10% below it.
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