Live news: Japanese stocks rebound from early slump

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Japanese stocks rebound from early slump

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South Korea’s Kospi index was up 0.2 per cent. Among semiconductor makers, SK Hynix rose 2.8 per cent, while Samsung SDI fell 2 per cent. “With respect to trading . . . we had an extremely strong third quarter in 2023,” Solomon said at an industry conference organised by Barclays. The S&P 500 chalked up its biggest daily jump in three weeks, as a broad rally for Wall Street helped the gauge recover some ground after a four-session losing streak.

Brent crude, the international oil benchmark, rose 1.1 per cent to $71.84 a barrel after closing on Friday at its lowest since 2021.Share $S&P 500 jumps the most since mid-August after 4-day losing streak on X Share $S&P 500 jumps the most since mid-August after 4-day losing streak on LinkedIn AstraZeneca failed to hit a target in critical trials for a next-generation lung cancer drug, in a setback to its efforts to expand its portfolio of precision oncology treatments.

The treatment has been closely watched by investors, as the drugmaker works to deliver on ambitions to almost double revenue by 2030 to $80bn per year.Share $AstraZeneca fails to hit target in key lung cancer drug trials on X

 

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