Stock market today: Asian markets are mostly higher after another winning close on Wall Street

BANGKOK — Asian shares have opened mostly higher after U.S. stocks rose to records to close out their latest winning week. U.S. futures and oil prices also climbed.

Given that the main constrain is weak demand, the “heavy lifting” will have to come from government spending, Zichun Huang of Capital Economics said in a report. China's Finance Ministry has pledged to ramp up such outlays in coming months, “However, we are still skeptical that fiscal easing will be large enough to deliver anything more than a modest and short-lived pick-up in activity.”

The dollar fell to 149.23 Japanese yen from 149.57 yen late Friday. The yen has weakened recently on expectations that the rate of interest rate hikes by the Bank of Japan may be slower than earlier thought.On Friday, Wall Street logged more records.Trading overall on Wall Street remained relatively calm, as the S&P 500 closed its sixth straight winning week. That’s its longest such winning streak of 2024.helped drive the market with a leap of 11.

It is hard to get excited after looking at HSS Engineers Berhad's recent performance, when its stock has...Over the last seven days, the South Korean market has remained flat, yet it has seen a 7.3% rise over the past year with earnings anticipated to grow by 29% annually in the coming years.

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Asian Stocks to Rise After Wall Street Win Streak: Markets Wrap(Bloomberg) -- Most Asian stocks are poised to rise in early trading Monday after Wall Street finished last week on fresh highs. Most Read from BloombergA...
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