Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving

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Financial Markets News

Tokyo,Thanksgiving,China

Asian shares are mixed after U.S. markets were closed for the Thanksgiving holiday. The yen gained against the dollar. Early Friday, U.S. futures gained and oil prices rose. U.S. markets will reopen for a half day on Friday. On Wednesday, the S&P 500 fell 0.4% and the Dow Jones Industrial Average slipped 0.3%. The Nasdaq composite lost 0.6%. U.S.

A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, Nov. 29, 2024, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei, New York Dows and Shanhai indexes at a securities firm Friday, Nov. 29, 2024, in Tokyo. A person looks at an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, Nov. 29, 2024, in Tokyo.

The central bank’s current policy rate is 0.25%. It only ended a long spell of negative rates in March on the presumption that Japan had largely achieved its 2% inflation target.cut its benchmark interest rate on Thursday to relieve pressure on its slowing economy. Australia’s S&P/ASX 200 edged 0.1% lower to 8,436.20.Chinese markets advanced. Hong Kong’s Hang Seng index gained over 1% in midday trading and increased by 0.1% to 19,389.12 in the afternoon.

 

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