Stock market today: Global shares mostly decline after Nasdaq ticks to a record high

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Global shares have retreated even after most U.S. stock indexes finished higher, especially technology issues like Nvidia.

This week’s Insider Deals are so good you’ll want all of themA person walks past an electronic stock board showing Japan's Nikkei 225 index, center, at a securities firm Tuesday, May 21, 2024 in Tokyo. Asian shares mostly fell Tuesday, even as most U.S. stock indexes finished higher, especially technology issues like Nvidia. – Global shares retreated Tuesday, even as most U.S. stock indexes finished higher, especially technology issues like Nvidia.

In Asian trading, Japan's benchmark Nikkei 225 fell 0.3% to 38,946.93. Australia's S&P/ASX 200 lost 0.2% to 7,851.70. South Korea's Kospi fell 0.7% to 2,724.18. Hong Kong's Hang Seng dove 2.1% to 19,220.62, while the Shanghai Composite shed 0.4% to 3,157.97. “The overall outlook of a tepid economic recovery remains unchanged, with the expansion supported by enhanced policy stimulus, strengthening external demand and gradually improving private-sector confidence,” it said in a report.this year as inflation cools. More reports showing big U.S. companies are earning fatter profits than expected also boosted stock prices.in the right direction following a discouraging start to the year.

 

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