Stock market today (May 14, 2024): Asian shares mixed in muted trading after Wall Street barely budges

TOKYO — Asian shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data.Australia’s S&P/ASX 200 slipped 0.2% to 7,731.40. South Korea’s Kospi was little changed, inching up less than 0.1% to 2,726.76. Hong Kong’s Hang Seng was up less than 0.1% at 19,115.78, while the Shanghai Composite lost nearly 0.3% to 3,139.89.

“Despite their different focuses, both indices offer insights into how inflation is shaping society,” said Santos. Biopharmaceutical company Incyte jumped 8.6% after saying it would buy back up to $2 billion of its stock. It’s the latest big company to say it’s returning cash to shareholders through such purchases, which boost the amount of earnings that each remaining share is entitled to. its main interest rate later this year. A key test for those hopes will arrive Wednesday, when the U.S. government offers the latest monthly update on inflation that households are feeling across the country.

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.

Stock market today (May 13, 2024): Asian stocks drift after Wall Street closes another winning weekHONG KONG — Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. U.S. futures were mixed and oil prices fell. The release of weak Chinese lending data and news that the U.S.
La source: BusinessMirror - 🏆 19. / 59 Lire la suite »

Stock market today (April 25, 2024): Asian benchmarks mostly slide as investors focus on earnings📈🌏 Stock markets in Asia saw declines as investors eagerly anticipate global earnings updates, particularly from tech giants dubbed the 'Magnificent Seven.' The Bank of Japan's monetary policy meeting is also in focus. Will the strong earnings season restore market confidence? Know more about the market trends and upcoming reports.
La source: BusinessMirror - 🏆 19. / 59 Lire la suite »

Stock market today (April 23, 2024): Asian stocks track Wall Street gains ahead of earnings reportsHONG KONG — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S.
La source: BusinessMirror - 🏆 19. / 59 Lire la suite »