Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains

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Asian shares mostly rose after U.S. stocks closed broadly higher with gains in Big Tech companies offsetting a skid in oil-and-gas stocks.

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A currency trader walks by the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Oct. 29, 2024. A currency trader walks by the screens showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Oct. 29, 2024. – Asian shares mostly rose Tuesday after U.S.

Several Big Tech stocks, including Apple and Meta Platforms, helped lead the way. Five of the behemoths known as theare on this week’s schedule to report their latest profits. These high-flying stocks have been at the forefront of Wall Street for years and have grown so big that their movements can singlehandedly shift the S&P 500.

In energy trading in Asia Tuesday, benchmark U.S. crude added 27 cents to $67.65 a barrel. Brent crude, the international standard, gained 23 cents to $71.65 a barrel. Financial markets are also dealing with the volatility that typically surrounds a U.S. presidential election, with Election Day one week away. Markets have historically been shaky heading into an election, only to

 

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