Investing.com-- Most Asian stocks advanced on Tuesday as they recouped some losses from last week, although anticipation of key inflation readings and more cues on U.S. interest rates kept gains in check.
TSMC surged nearly 4% to a record high after the world's biggest contract chipmaker won a $6.6 billion subsidy from the U.S. government for an advanced chipmaking plant in Arizona. The chipmaker also increased its investment in the plant by $25 billion to $65 billion.indexes lagged their regional peers for a second straight session, as weak risk appetite kept investors largely cautious towards the country.index outperformed, rising 0.
The yen softened this week, creeping back towards lows hit in 1990 as traders grew bolder that the Japanese government will not act on its warnings of intervening in currency markets.index pointed to a flat open, with the index open to some profit-taking after closing at a record high on Monday.
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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. Japan's Nikkei 225 index shed 2.5% early Monday. On Friday, the S&P 500 slipped 0.7% from its all-time high. It initially climbed after mixed data on the U.S. job market bolstered hopes for easier interest rates.
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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.
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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.
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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.
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Stock market today: Asian stocks gain ahead of US and Japan rate decisionsAsian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve.
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