Stock market today: Asian markets are mostly higher after another winning close on Wall Street

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Oil Prices News

Business Business Latest News,Business Business Headlines

BANGKOK (AP) — Asian shares have opened mostly higher after U.S. stocks rose to records to close out their latest winning week. U.S. futures and oil prices...

BANGKOK — Asian shares have opened mostly higher after U.S. stocks rose to records to close out their latest winning week. U.S. futures and oil prices also climbed.

Given that the main constrain is weak demand, the “heavy lifting” will have to come from government spending, Zichun Huang of Capital Economics said in a report. China's Finance Ministry has pledged to ramp up such outlays in coming months, “However, we are still skeptical that fiscal easing will be large enough to deliver anything more than a modest and short-lived pick-up in activity.”

The dollar fell to 149.23 Japanese yen from 149.57 yen late Friday. The yen has weakened recently on expectations that the rate of interest rate hikes by the Bank of Japan may be slower than earlier thought.On Friday, Wall Street logged more records.Trading overall on Wall Street remained relatively calm, as the S&P 500 closed its sixth straight winning week. That’s its longest such winning streak of 2024.helped drive the market with a leap of 11.

It is hard to get excited after looking at HSS Engineers Berhad's recent performance, when its stock has...Over the last seven days, the South Korean market has remained flat, yet it has seen a 7.3% rise over the past year with earnings anticipated to grow by 29% annually in the coming years.

 

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:

 /  🏆 47. 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 rise after Wall Street rally, and China promises a briefingTOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian markets surge higher after Wall Street takes a breatherShares rolled higher in Asia on Thursday after U.S. stocks edged back from their records.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares are mixed after Wall St powers to more recordsBANGKOK (AP) — Asian shares were mixed on Tuesday after Wall Street rolled to more records, with Hong Kong's benchmark losing more than 4%.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares are mostly higher after Wall St powers to more recordsBANGKOK (AP) — Asian shares advanced on Tuesday after Wall Street rolled to more records, though markets in China were mostly lower.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks to Rise After Wall Street Win Streak: Markets Wrap(Bloomberg) -- Most Asian stocks are poised to rise in early trading Monday after Wall Street finished last week on fresh highs. Most Read from BloombergA...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian stocks climb after Wall Street closes its record-setting week mixedHONG KONG (AP) — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »