Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street

TOKYO — Asian shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were on the Federal Reserve policy meeting set for later this week.

Stephen Innes, managing partner at SPI Asset Management, said the market mood was positive after last week's Wall Street tech-driven rally.The recent string of strong earnings have boosted market sentiments, but what could be a risk factor is the declining Japanese yen, he added. In currency trading Monday, the U.S. dollar edged up to 159.17 Japanese yen from 158.30 yen. The euro cost $1.0716, up from $1.0699.

On Wall Street, shares closed out a relatively solid week on Friday, with the S&P 500 rallying 1% to finish its first winning week in the last four.Recent data on U.S. inflation have analysts expecting the Federal Reserve to keep rates on hold. Its main interest rate has been sitting at the highest level since 2001.

In energy trading, benchmark U.S. crude fell 80 cents to $83.05 a barrel. Brent crude, the international standard, lost 91 cents to $88.59 a barrel. Billionaire investor David Einhorn shares an overlooked theory for why gold prices have spiked so much

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Asian stocks track Wall Street gains ahead of earnings reportsHONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before. U.S. futures...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Asian shares gain despite Wall Street's tech-led retreatAsian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of the...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateHONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in TokyoHONG KONG (AP) — Asian shares have tracked Wall Street’s rally, led by a 2.4% advance for Tokyo’s benchmark Nikkei 225 index powered by strong gains for...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai's were broadly higher Monday, shrugging off the blues on Wall Street after big technology stocks logged their worst week ...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »