The overall U.S. economy has been showing continued strength for spending by U.S. households, leading to a Wall Street bump before the weekend.European shares saw modest gains after the opening while Asian benchmarks gained upward momentum as the day wore on.
The future for the S&P 500 slipped less than 0.1% and that for the Dow Jones Industrial Average fell just over 0.1%.Australia's S&P/ASX 200 surged 0.8% to 2,788.30 and the Shanghai Composite index gained 0.8% to 3,124.24 as the government reported corporate profits rose 4.3% year-on-year in January-April.In Taiwan and South Korea, heavy buying of computer chip-related shares pushed benchmarks higher. The Taiex ended 1.1% higher after touching a fresh record.
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:
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: World shares are mostly higher after rebound on Wall StNeed to make a last minute run to the store? Here's a look at what is open.
Source: FCN2go - 🏆 523. / 51 Read more »
Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week. Benchmarks rose in early Monday trading in Sydney, Seoul, Hong Kong and Shanghai. Trading was closed in Tokyo for a Japanese national holiday, Showa Day.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares track Wall St's advance fueled by cooler jobs dataAsian shares are mostly higher after Wall Street ended Friday with the best day for the stock market in over two months.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares track Wall St's advance fueled by cooler jobs dataAsian shares are mostly higher after Wall Street ended Friday with the best day for the stock market in over two months. The rally late last week was backed by the cooler-than-expected U.S. employment data.
Source: AP - 🏆 728. / 51 Read more »