Stock market today: Asian shares rise after tech stocks pull Wall Street to another record

  • 📰 AP
  • ⏱ Reading Time:
  • 29 sec. here
  • 27 min. at publisher
  • 📊 Quality Score:
  • News: 102%
  • Publisher: 51%

Intel Corp. News

Pat Gelsinger,Financial Markets,Carlos Tavares

Asian shares are mostly higher after technology stocks pulled Wall Street to another record finish. Benchmarks rose in Tuesday trading in Tokyo, Seoul, Sydney, Hong Kong and Shanghai. On Monday, the S&P 500 rose 0.2% after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%.

Currency traders work near a screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 3, 2024. A currency trader passes by a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 3, 2024.

Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market after it said an investigation into allegations of misconduct and theBig Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500.

Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday.

 

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:

 /  🏆 728. 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 mostly decline, shrugging off Wall Street's overnight rallyTOKYO (AP) — Asian shares were trading mostly lower Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares are mixed after Wall Street drifts ahead of US Election DayShares are mixed in Asia after U.S. stock indexes drifted lower at the start of a momentous week full of potential flashpoints in Washington, D.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian stocks track Wall Street gain with Nvidia report and bitcoin surgeAsian stock rise following gains on Wall Street after market superstar Nvidia and other companies said they’re making even fatter profits than expected.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares mostly decline, shrugging off Wall Street's overnight rallyAsian shares are trading mostly lower, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
Source: ksatnews - 🏆 442. / 53 Read more »