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The Hang Seng in Hong Kong added 1.1% to 18,206.68 while the Shanghai Composite index fell 0.2% at 2,729.69. Wall Street’s gains followed rallies for markets across Europe and Asia after the Federal Reserve delivered its first cut to interest rates in more than four years on Wednesday. The Fed is still under pressure because the job market and hiring have begun to slow under the weight of higher interest rates. Some critics say the central bank waited too long to cut rates and may have damaged the economy.
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Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands patAsian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates.
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Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands patAsian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates. U.S. futures and oil prices were lower. The Bank of Japan kept its benchmark rate steady at 0.25%.
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Stock market today: Asian shares rally, encouraged by Wall Street storming back from an early slideAsian shares are mostly higher, encouraged by gains on Wall Street led by a handful of influential Big Tech companies.
Source: wjxt4 - 🏆 246. / 63 Read more »
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Stock market today: Asian shares rally, encouraged by Wall Street storming back from an early slideAsian shares are mostly higher, encouraged by gains on Wall Street led by a handful of influential Big Tech companies.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares rally, encouraged by Wall Street storming back from an early slideAsian shares are mostly higher, encouraged by gains on Wall Street led by a handful of influential Big Tech companies. Benchmarks rose in early Thursday trading in Tokyo, Sydney, Seoul, Hong Kong and Shanghai. Japanese exporter shares like Toyota and Nintendo jumped on the back of a relatively cheap yen. The U.S.
Source: AP - 🏆 728. / 51 Read more »