Stock market today: Asian shares mostly higher after China reports that prices fell in October

This 11-piece Cuisinart cookware set is a perfect gift for the holidaysBusiness men gather in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, Nov. 9, 2023, in Tokyo. Shares have fallen in Asia after a another mixed close as Wall Street recalibrates following recent big swings. – Shares were mostly higher in Asia on Thursday after a another mixed close on Wall Street where benchmarks have been recalibrating following recent big swings.

Falling prices have raised worries that China may fall into a bout of deflation, or chronically lower prices, but some analysts say much of the weakness recently is due to a decline in the cost of pork, a staple item for Chinese. In Tokyo, the Nikkei 225 index jumped 1.5% to 32,646.46 after Prime Minister Fumio Kishida told local reporters he had decided against calling an election before the end of the year.

The Dow Jones Industrial Average slipped 0.1% to 34,112.27, and the Nasdaq composite rose 0.1% to 13,650.41.American Airlines, Delta Air Lines and United Airlines were also toward the front of the market, each gaining more than 2% as oil prices continued to drop and ease the pressure on fuel costs. The price for a barrel of U.S. crude oil has fallen from above $90 to back to where it was in July, and it dropped another $2.04 to settle at $75.33 on Wednesday. Brent crude, the international standard, fell $2.07 to $79.54.has raised concerns about potential disruptions to supplies, causing prices to swing. But now the focus is on faltering demand given slowing growth in many economies, particularly in China.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Asian shares mostly higher after China reports that prices fell in OctoberShares are mostly higher in Asia after a another mixed close as Wall Street recalibrates following recent big swings. China reported that its consumer prices fell 0.2% from a year earlier in October while factory-gate prices declined 2.6%. Benchmarks fell in Hong Kong, Taiwan and Bangkok and rose in Tokyo, Seoul and Shanghai.
La source: AP - 🏆 728. / 51 Lire la suite »

Stock market today: Asian shares mostly higher after China reports that prices fell in OctoberShares are mostly higher in Asia after a another mixed close as Wall Street recalibrates following recent big swings.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Stock market today: Asian shares mostly slip ahead of China-US meetingAsian shares are mostly lower in muted trading as attention focuses on prospects for improved China-U.S. relations from meetings next week on the sidelines of a Pacific Rim summit.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Stock market today: Asian shares mostly slip ahead of China-US meetingAsian shares are mostly lower in muted trading as attention focuses on prospects for improved China-U.S. relations from meetings next week on the sidelines of a Pacific Rim summit. The APEC meetings in San Francisco offer an opportunity for leaders from the U.S. and China to mend troubled trade and political ties.
La source: AP - 🏆 728. / 51 Lire la suite »

Stock market today: Asian shares mostly slip ahead of China-US meetingAsian shares are mostly lower in muted trading as attention focuses on prospects for improved China-U.S. relations from meetings next week on the sidelines of a Pacific Rim summit.
La source: ksatnews - 🏆 442. / 53 Lire la suite »