Stock market today: Asian markets surge higher after Wall Street takes a breather

The rally in Asia followed an announcement that the Chinese government plans to give cash handouts or discount vouchers to the poor ahead of next week's National Day holidays. While subsidies to ordinary people are uncommon, the ruling Communist Party sometimes marks special occasions with payments to families in difficulty.

Hong Kong's Hang Seng climbed 1.7% to 19,461.25 and the Shanghai Composite index added 0.6% to 2,914.19.South Korea's Kospi jumped 2.1%, to 2,649.51, after semiconductor maker SK Hynix launched production of a new memory chip for artificial intelligence. SK Hynix shares jumped 8.8%.The Dow Jones Industrial Average dropped 0.7% to 41,914.75 after likewise setting a record the day before. The Nasdaq composite edged up by less than 0.1%, to 18,082.21.on confidence among U.S. consumers.

In other dealings early Thursday, benchmark U.S. crude oil picked up 6 cents to $69.75 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, was up 14 cents at $73.04 per barrel. Two days after the verdict and sentencing, Denver7 met with DA Michael Dougherty, lead prosecutor, and Sarah Cantu, lead investigator, to reflect on both the trial and the years leading up to it.More than 2,000 Wisconsin voters receive duplicate absentee ballots

LOS ANGELES, September 26, 2024--Faraday Future Intelligent Electric Inc. , a California-based global shared intelligent electric mobility ecosystem company, today announced personnel changes to help further the Company’s short- and long-term business goals. On September 17, 2024, the Board of Directors of the Company appointed Koti Meka as the Company’s Chief Financial Officer and principal financial officer, effective September 23, 2024.

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 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...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

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.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

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.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallHONG KONG (AP) — Asian markets were mixed Thursday following a global sell-off a day earlier, as Wall Street declined in the technology, energy and other...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

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...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »