Stock market today: Global benchmarks mostly climb despite worries about US economy

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Global shares are rising despite worries about the economic outlook and inflation in the U.S. and globally.

A currency trader passes by the screen showing the Korea Composite Stock Price Index , left, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 26, 2024. Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world. – Global shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world.

Japan's benchmark Nikkei 225 added 0.8% to 37,934.76, while the U.S. dollar edged up to 156.45 Japanese yen from 155.58 yen. Australia's S&P/ASX 200 dropped 1.4% to 7,575.90. South Korea's Kospi jumped 1.1% to 2,656.33. Hong Kong's Hang Seng added 2.1% to reach 17,651.15, while the Shanghai Composite rose 1.2% to 3,088.64.

 

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