Stock market today: Asian stocks gain ahead of US and Japan rate decisions

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Asian stocks have gained ahead of policy decisions this week by Japan's central bank and the Federal Reserve. Chinese data released Monday were mixed, with property investment falling while other indicators showed improvement. Japan's benchmark jumped 2.7% on news that companies plan substantial wage hikes, which could boost the economy.

A person stands in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Monday, March 18, 2024, in Tokyo. Asian stocks advanced Monday ahead of policy decisions this week by Japan’s central bank and the Federal Reserve. A person walks in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Monday, March 18, 2024, in Tokyo.

Elsewhere, Australia’s S&P/ASX 200 edged 0.1% higher to 7,675.80, while the Kospi in South Korea advanced 0.7%, to 2,685.84.On Friday, Wall Street closed out its second straight losing week, giving back some of the gains that helped push the stock market to an all-time high earlier in the week.China’s stock regulator pledges to boost the quality of listed firms and crack down on market abusesThe S&P 500 fell 0.6% to 5,117.09. The Dow Jones Industrial Average fell 0.5% to 38,714.

The latest pullback for stocks came as traders reviewed several reports showing that inflation, though broadly cooling, remains stubborn.

 

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Stock market today: Asian stocks gain ahead of US and Japan rate decisionsAsian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve.
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Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%Asian shares are mostly lower after Wall Street's huge rally faltered last week. Japan's Nikkei 225 index shed 2.5% early Monday. On Friday, the S&P 500 slipped 0.7% from its all-time high. It initially climbed after mixed data on the U.S. job market bolstered hopes for easier interest rates.
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Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%Asian shares are mostly lower after Wall Street's huge rally faltered last week.
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Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%Asian shares are mostly lower after Wall Street's huge rally faltered last week.
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