Currency traders pass by the screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 19, 2024. Currency traders watch monitors near the screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S.
The Hang Seng in Hong Kong added 2.9% to 18,437.57, while the Shanghai Composite index lost 0.4% to 3,018.05 after the head of China’s securities watchdog said at a financial forum in Shanghai that the agency would be enhancing oversight of all financial activities to prevent potential risks.Stock market today: Asian shares mostly gain after Wall St rallies to new recordsElsewhere, Taiwan’s Taiex gained 2%, while Bangkok’s SET fell 0.7%.
Nvidia’s chips are helping to develop AI, which proponents expect to change the world as much or more than the internet, and demand for its chips has proven to be shockingly voracious. Nvidia’s revenue routinely triples every quarter, and its profit is rocketing at even more breathtaking rates. Its stock is up nearly 174% this year, and Nvidia alone was responsible for nearly a third of the S&P 500’s entire gain for the year through May.
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Stock market today: Asian stocks trade mixed after Wall Street logs modest gainsAsian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. Shares slipped Wednesday in Tokyo, Hong Kong and Shanghai, but rose in Sydney and Seoul. On Tuesday, the S&P 500 rose 0.2%, though most stocks within the index fell. The Dow Jones Industrial Average rose 0.
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Stock market today: Asian shares decline after a mixed post-holiday session on Wall StreetShares have fallen across Asia after a mixed session on Wall Street. Oil prices also rose. The International Monetary Fund raised its forecast for China's economic outlook, saying it expects the No. 2 economy to grow at a 5% annual pace this year. On Tuesday, the S&P 500 closed little changed, just below its record set a week ago.
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Stock market today: Asian stocks rise after Wall Street barrels to recordsHONG KONG (AP) — Asian markets rose Thursday after Wall Street barreled to records Wednesday as the frenzy around artificial-intelligence technology keeps sending stocks higher.
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Stock market today: Asian shares track Wall Street’s retreatShares retreated Thursday in Asia after U.S. stocks fell under the weight of higher yields in the bond market, with the Dow Jones Industrial Average
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Stock market today: Asian shares track Wall Street's retreatShares have retreated in Asia after U.S. stocks fell under the weight of higher yields in the bond market. U.S. futures sank and oil prices fell back. On Wednesday, the S&P 500 dropped 0.7% and the Dow Jones Industrial Average lost 1.1%. The Nasdaq composite fell 0.6% after setting its latest all-time high.
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Stock market today: Asian shares track Wall Street’s slide on worries over interest ratesAsian shares retreated Friday after strong reports on the U.S. economy raised the possibility of interest rates staying painfully high. U.S. futures edged
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