Stock market today: Asian shares are mixed after another Wall Street record day

A person looks at an electronic stock board showing Japan's stock prices at a securities firm Friday, March 22, 2024, in Tokyo. Stocks were mostly lower Friday in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.– Stocks were mixed Friday in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.

Micron surged 14.1% and led chipmakers higher after reporting much stronger results for its latest quarter than expected. It also gave a forecast for profit in the current quarter that topped analysts' estimates, as it benefits from a rush into artificial intelligence. Accenture was another weight on the market after dropping 9.3%. The consulting and professional services company reported stronger profit for the latest quarter than analysts expected. But its forecast for profit over this full fiscal year fell short of estimates.

Some reports Thursday morning suggested the U.S. economy is doing better than expected, even in the fact of high rates.A measure of manufacturing activity in the mid-Atlantic region unexpectedly grew, while a preliminary look at manufacturing nationwide was also better than expected.

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Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.
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Stock market today: Asian shares mostly rise after Wall Street's record rallyAsian shares are mostly rising, encouraged by a record rally on Wall Street. Benchmarks gained Wednesday in Sydney, Seoul and Hong Kong. Tokyo's Nikkei 225 lost morning gains to slip in afternoon trading. Also on investors' minds is the Japanese yen's rise against the U.S.
منبع: AP - 🏆 728. / 51 ادامه مطلب »

Stock market today: Asian shares rise after Wall Street rallies to recordsAsian benchmarks are mostly higher after U.S. stocks rallied to records following the Federal Reserve's indication that it expects to deliver interest rate cuts later this year. Japan’s benchmark Nikkei 225 jumped 2.0% to finish at a record high Thursday, after the government reported exports grew nearly 8% in February from a year earlier.
منبع: AP - 🏆 728. / 51 ادامه مطلب »

Stock market today: Global shares trade mixed despite Wall Street's record rallyGlobal shares are mixed in muted trading as optimism set off by a record rally on Wall Street gradually ran out of momentum.
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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.
منبع: ksatnews - 🏆 442. / 53 ادامه مطلب »