A currency trader passes 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, Monday, July 29, 2024.
“In a monumental week for macro watchers, everyone is hoping for calm while bracing for the inevitable storm of volatility,” Stephen Innes of SPI Asset Management said in a commentary." Hong Kong's Hang Seng added 1.8% to 17,331.24 and the Shanghai Composite index was nearly unchanged at 2,892.10 as official data on Saturday showed that industrial profits rose 3.5% in the first half of 2024 compared with last year. That was a glimmer of positive news following recent interest rate cuts and other piecemeal stimulus that followed a top-level policy meeting of the ruling Communist Party earlier this month.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that
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Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixedAsian stocks fell on Wednesday as markets digested Japanese and Australian business data, after U.S. stocks held relatively steady as earnings reporting
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Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixedAsian stocks are lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies. U.S. futures fell while oil prices were higher. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.1%.
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Stock market today: Asian shares are mixed after Wall Street breaks losing streakShares are mixed in Asia after a rally on Wall Street. U.S. futures edged lower and oil prices were little changed. On Monday, the S&P 500 rose 1.1%, breaking a three-day losing streak. It was the first gain for the index since setting an all-time high early last week. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite gained 1.
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Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.
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Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.
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