BusinessA person stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, March 18, 2024, in Tokyo. Asian stocks advanced Monday ahead of policy decisions this week by Japans central bank and the Federal Reserve. In Tokyo, the Nikkei 225 index jumped 2.4% to 39,639.27. Markets are awaiting a decision by the Bank of Japan on Tuesday on whether to raise its benchmark interest rate for the first time in 17 years.
Elsewhere, Australia’s S&P/ASX 200 was unchanged at 7,670.60, while the Kospi in South Korea advanced 0.6%, to 2,681.26.On Friday, Wall Street closed out its second straight losing week, giving back some of the gains that helped push the stock market to an all-time high earlier in the week. Communication services stocks also helped pull the market lower. Meta Platforms fell 1.6% and Google parent Alphabet fell 1.3%.
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Stock market today: Asian stocks gain ahead of US and Japan rate decisionsAsian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve. Chinese data released Monday were mixed, with property investment falling while other indicators showed improvement. Japan's benchmark jumped 2.4% on news that companies plan substantial wage hikes, which could boost the economy.
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Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%Asian shares are mostly lower after Wall Street's huge rally faltered last week.
La source: ksatnews - 🏆 442. / 53 Lire la suite »
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