Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing

TOKYO — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street.

“There’s still a glimmer of hope that Beijing might swoop in with a fiscal stimulus lifeline in October to reignite growth. In short, the market is hanging in the balance, waiting for the next big move,” said Stephen Innes, managing partner at SPI Asset Management.it had set last week. The Dow Jones Industrial Average climbed 431 points, or 1%, to hit its own record, while the Nasdaq composite gained 0.6%.. Norwegian Cruise Line steamed 10.

In the oil market, a barrel of Brent crude, the international standard, recovered to rise 34 cents to $73.58 a barrel. It briefly topped $81 early this week. Benchmark U.S. crude gained 34 cents to $76.92 per barrel. In currency trading, the U.S. dollar inched down to 149.15 Japanese yen from 149.16 yen. The euro cost $1.0943, up from $1.0945.A pilot killed when a helicopter crashed on the roof of an Australian hotel two months ago was affected by alcohol and was not qualified to fly at night, an investigation concluded. Two hotel guests were briefly hospitalized for smoke inhalation and 400 people had to evacuated from the hotel following the crash in the tropical city of Cairns on Aug. 12.

A Trump victory raises the risk of a US economic situation worse than recession, 'Dr. Doom' Nouriel Roubini saysAuthorities along Florida’s Gulf Coast are warning that Hurricane Milton’s intense winds are forcing first responders to have to suspend 911 calls.Milton damages the roof of the Rays' stadium and forces NBA preseason game to be called off

Canada Canada Latest News, Canada Canada 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 echo Wall Street rally as investors gauge inflation dataTOKYO (AP) — Asian shares were trading mostly higher Tuesday after a rally on Wall Street that regained some of the losses from the market’s worst week in...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian benchmarks dip after Wall Street's mixed finishTOKYO (AP) — Asian shares traded mostly lower Wednesday after Wall Street drifted to a mixed finish.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares rally, encouraged by Wall Street storming back from an early slideTOKYO (AP) — Asian shares mostly rose on Thursday, encouraged by gains on Wall Street led by a handful of influential Big Tech companies.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian markets surge higher after Wall Street takes a breatherShares rolled higher in Asia on Thursday after U.S. stocks edged back from their records.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian stocks climb after Wall Street closes its record-setting week mixedHONG KONG (AP) — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks Advance After Tech Lifts Wall Street: Markets Wrap(Bloomberg) -- Equities in Asia climbed Wednesday after a tech rally lifted Wall Street and bets on Federal Reserve rate cuts stabilized.Most Read from...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »