Stock market today: Asian shares mostly higher as Chinese stocks are lifted by latest stimulus

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Shares are mostly higher in Asia after a slide for market superstar Nvidia helped pull U.S. stock indexes below their latest records. Chinese shares jumped after top leaders promised a shift toward more support for the sluggish economy. U.S. futures were little changed. On Monday, the S&P 500 fell 0.6% and the Dow Jones Industrial Average fell 0.

People walk in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Dec. 9, 2024, in Tokyo. Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 10, 2024. A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S.

Elsewhere in the region, Australia’s S&P/ASX 200 slipped 0.4% to 8,389.30. Markets in Thailand were closed for a holiday.so far. The Dow Jones Industrial Average dipped 0.5% to 44,401.93, and the Nasdaq composite pulled back 0.6% to 19,736.69.because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other.

They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates, where it is expected to cutfrom a two-decade high since September help the slowing jobs market, after bringing inflation nearly down to its 2% target.

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