Stock market today: Asian shares mostly higher after rebound on Wall St

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Asian shares are mostly higher after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week.

A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, May 27, 2024, in Tokyo.

On Friday, the S&P 500 gained 0.7% to 5,304.72 and won back all its losses from the prior two days. It eked out a tiny gain for the week, extending its weekly winning streak to five, and is sitting just below its record set on Tuesday. , which has rocketed to become one of Wall Street’s most influential stocks amid a frenzy around artificial-intelligence technology. Fervor around AI had pushed some stocks to heights that critics called overdone, but Nvidia’sThe market got a bit of a boost Friday from a report showing overall sentiment among U.S. consumers weakened by less in May than preliminary data had suggested. Perhaps more importantly, the report from the University of Michigan also said U.S.

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Stock market today: Asian shares mostly higher after rebound on Wall StAsian shares are mostly higher after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week.
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