Stock market today: Asian shares trade mixed after Wall Street closes near record finish

  • 📰 AP
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.

A Security member stands guard at one of the entrance of the New York Stock Exchange in New York, Tuesday, March 19, 2024. Reddit Inc. signage is seen on the New York Stock Exchange trading floor, prior to Reddit IPO, Thursday, March. 21, 2024. A person walks in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in the rain Monday, March 25, 2024, in Tokyo.

Hong Kong’s Hang Seng climbed 0.5% to 16,584.22, while the Shanghai Composite gained 0.4% to 3,061.36.Australia’s S&P/ASX 200 rose 0.6% to 7,813.70. South Korea’s Kospi lost 0.5% to 2,735.46. The Bank of Japan raised a key interest rate for the first time in 17 years last week, to barely above zero from below zero, or negative interest rates. That means borrowing rates in Japan still remain below those of the U.S. and many other nations.Trump’s social media company approved to go public, potentially netting former president billions“The recent Bank of Japan meeting added another layer of complexity to the dollar’s trajectory.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan's Nikkei 225 topped 41,000 for the first time early Friday but then fell back. Chinese property and tech companies weighed on markets in Shanghai and Hong Kong. On Thursday, the S&P 500 rose 0.3% to an all-time high for a third straight day.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares mostly rise after Wall Street's record rallyAsian shares are mostly rising, encouraged by a record rally on Wall Street. Benchmarks gained Wednesday in Sydney, Seoul and Hong Kong. Tokyo's Nikkei 225 lost morning gains to slip in afternoon trading. Also on investors' minds is the Japanese yen's rise against the U.S.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares rise after Wall Street rallies to recordsAsian benchmarks are mostly higher after U.S. stocks rallied to records following the Federal Reserve's indication that it expects to deliver interest rate cuts later this year. Japan’s benchmark Nikkei 225 jumped 2.0% to finish at a record high Thursday, after the government reported exports grew nearly 8% in February from a year earlier.
Source: AP - 🏆 728. / 51 Read more »