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

TOKYO — Asian shares retreated Tuesday, even as most U.S. stock indexes finished higher, especially technology issues like Nvidia.

“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.Monday on Wall Street, the S&P 500 rose 0.1% to 5,308.13 and pulled within 0.02 of its record set last week. The Nasdaq composite gained 0.7% to 16,794.87 to set its own all-time high.

In the bond market, yields ticked a bit higher. The yield on the 10-year Treasury rose to 4.44% from 4.42% late Friday. The two-year yield, which more closely tracks expectations for Fed action, ticked up to 4.84% from 4.83%. In other trading, benchmark U.S. crude fell 58 cents to $79.22 a barrel. Brent crude the international standard declined 48 cents to $83.23 a barrel. There were some gains earlier followingTrump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. Shares in Sarasota, Fla.

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 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...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street drifts to a mixed close as Nasdaq notches another recordNEW YORK (AP) — U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record. The Nasdaq climbed 0.7% Monday. The S&P 500 edged up by 0.1% to finish just short of its all-time high.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Nasdaq touches intraday record, Dow struggles to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq touches new record, Dow tries to top 40,000 againInvestors are bracing for Fed minutes and Nvidia earnings in coming days that could test the recent rally in stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street ends higher, sending Nasdaq to a record highNEW YORK (AP) — Stocks ended higher on Wall Street, sending the Nasdaq composite to another record. The S&P 500 rose 0.5%, and is sitting just shy of its own all-time high. The Dow Jones Industrial Average added 0.3%.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Nasdaq closes at record high, meme stocks surge again ahead of inflation dataMeme stocks soared again as US equities more broadly stayed muted in the countdown to fresh inflation data and a Jerome Powell speech.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »