unemployment eased worries about the slowing economy.In Tokyo, the Nikkei 225 index was up 1.6% at 35,380.23. The yen again fell under pressure after three days of rising against the dollar, giving a lift to Japanese stocks that often rise when the yen falls.
China’s inflation came in higher than expected in July, with the consumer price index rising 0.5% compared to the same period a year earlier, boosted by food prices which are no longer dragging on inflation and were flat last month. Elsewhere, Taiwan’s Taiex gained 3.4%, with chip maker Taiwan Semiconductor Manufacturing Co. gaining 3.6%, tracking Big Tech stocks’ rally on Wall Street. The SET in Bangkok was up 0.5%.
So far, the S&P 500 is still down nearly 10% from its all-time high set last month. Such drops are regular occurrences on Wall Street, and “corrections” of 10% happen roughly every year or two. After Thursday’s jump, the index is within about 6% of its record. In the meantime, big U.S. companies continue to turn in profit reports for the spring that are mostly better than analysts expected.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week. Japan's Nikkei 225 index jumped 2.1%. U.S. futures and oil prices rose. On Friday, the S&P 500 rose 1.1% for its best day in seven weeks.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »
Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »
Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »
Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that
Herkunft: Mynorthwest - 🏆 438. / 53 Weiterlesen »
Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixedAsian stocks fell on Wednesday as markets digested Japanese and Australian business data, after U.S. stocks held relatively steady as earnings reporting
Herkunft: Mynorthwest - 🏆 438. / 53 Weiterlesen »
Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixedAsian stocks are lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies. U.S. futures fell while oil prices were higher. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.1%.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »