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Stock market today: Asian shares meander after S&P 500 sets another record

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BANGKOK (AP) — Asian shares were mixed on Thursday after U.S. stocks broke out of a three-day lull to close at a record. Oil prices advanced, while U.S...

BANGKOK — Asian shares were mixed on Thursday after U.S. stocks broke out of a three-day lull to close at a record.The dollar remained strong against the Japanese yen and Chinese yuan, a trend that has unsettled regulators in both Tokyo and Beijing.On Wednesday, the yen dipped to its lowest level since 1990, and Japanese officials reiterated their desire for stability in exchange rates.

Chinese markets recouped losses from the day before. Hong Kong's Hang Seng index gained 1.1% to 16,571.35, while the Shanghai Composite advanced 0.6% to 3,010.66. Robinhood Markets climbed 3.7% after unveiling its first credit card, which is reserved for its subscription-paying Gold members, along with other new products.

Both the U.S. bond and stock markets will be closed for Good Friday. That could cause some anticipatory trades to bunch up on Thursday, the last trading day of the year's first quarter. I Want to Give My Daughter and Her Husband $50,000 For a Down Payment. Do I Have to Worry About the Gift Tax?

 

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