Stock market today: Asian shares are mixed after Wall Street breaks losing streak

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BANGKOK (AP) — Shares were mixed Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines.

BANGKOK — Shares were mixed Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines.Tokyo's Nikkei 225 closed nearly unchanged, at 39,594.39.

But the recent moves so far have not boosted markets in a mood for more ambitious short-term action to spur faster growth. The Dow Jones Industrial Average added 0.3% to 40,415.44, and the Nasdaq composite climbed 1.6% to 18,007.57. The U.S. dollar was relatively steady, falling to 156.49 Japanese yen early Tuesday from 157.04 yen late Monday. The euro fell to $1.0878 from $1.0891.

A rush among carriers to cash in on summer travel demand has forced airlines to offer discounts on tickets to fill their planes. The updated forecast reflects the lower yield environment, less-than-expected load factors for the second half of the year and competitive pressures in international markets, Canada's largest carrier said on Monday.

 

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