Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higher

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Japan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher. Shares fell in Chinese markets, while U.S. futures edged higher. Oil prices fell. On Wednesday, U.S.

A passerby walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Thursday, July 4, 2024 in Tokyo. A passerby walks past an electronic stock board showing Japan’s Nikkei 225 index, right, at a securities firm Thursday, July 4, 2024 in Tokyo. A passerby walks past an electronic stock board showing Japan’s Nikkei 225 index, center, at a securities firm Thursday, July 4, 2024 in Tokyo. The New York Stock Exchange is seen on Wednesday, July 3, 2024, in New York.

The Nikkei 225’s all-time high during intraday trading is 41,087.75, on March 22. Its previous record close was 40,888.43, also set on March 22. Elsewhere in Asia, Hong Kong’s Hang Seng recovered from early losses, rising 0.2% to 18,018.72, and the Shanghai Composite index shed 0.8% to 2,957.57. The Dow Jones Industrial Average dipped 0.1% to 39,308.00, and the Nasdaq composite gained 0.9% to 18,188.30.for the spring than analysts feared. It was one of the strongest forces pushing upward on the S&P 500, along withThe action was stronger in the bond market, where Treasury yields slid following a flurry of reports that came in weaker than expected on both the job market and U.S. services companies.

 

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