Stock market today: Asian shares are mixed as China stocks get bump from new property measures

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Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market.

Jacksonville mom wants her son’s middle school bullies held accountable after she was forced to remove him from schoolBusinessA person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Friday, May 17, 2024, in Tokyo. China’s central bank said Friday that it was reducing required down payments for housing loans and cutting interest rates for first and second home purchases, among other moves.

Walmart's strength could be an encouraging signal for the broader economy. Worries have been rising about whether U.S. households can keep up with still-high inflation and more expensive credit-card payments, particularly households at In other trading early Friday, benchmark U.S. crude oil was up 33 cents at $79.56 per barrel. Brent crude, the international standard, added 50 cents to $83.77 per barrel.

 

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