News Formal

Stock market today: Asian benchmarks mostly slide as investors focus on earnings

  • 📰 AP
  • ⏱ Reading Time:
  • 30 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 74%
  • Publisher: 51%

Financial Markets Nouvelles

Earnings,General News,Australia

Asian shares are mostly lower as investors look ahead to a flood of global earnings reports, including from U.S. companies known as the “Magnificent Seven.” Shares fell Thursday in Tokyo and Seoul, while being little changed in Shanghai. Trading was closed in Australia for a national holiday, Anzac Day. U.S.

People walk in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Thursday, April 25, 2024, in Tokyo. People look at an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Thursday, April 25, 2024, in Tokyo. A person looks at an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Thursday, April 25, 2024, in Tokyo. People walk in front of an electronic stock board showing U.S.

In currency trading, the U.S. dollar rose to 155.67 Japanese yen from 155.31 yen. The euro cost $1.0715, up from $1.0697. Tesla is the first of the group of stocks among the Magnificent Seven to report its results for the start of 2024. The focus is on the small group of stocks because they drove most of the U.S. stock market’s gain last year, and they’ll need to perform to justify their high prices.

“A strong earnings season looks likely to help restore market confidence,” according to Solita Marcelli, chief investment officer Americas at UBS Global Wealth Management.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 728. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Meta's earnings report comes as 'Magnificent Seven' stock looks to return to all-time highAfter its most recent report, shares of the Facebook parent shot up 20%.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Shares fell in Shanghai after China's central bank left its 1 and 5-year lending rates unchanged.
La source: AP - 🏆 728. / 51 Lire la suite »