Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in Tokyo

HONG KONG — Asian shares have tracked Wall Street’s rally, led by a 2.4% advance for Tokyo’s benchmark Nikkei 225 index powered by strong gains for semiconductor makers.Japan’s benchmark Nikkei 225 gained more than 900 points to close at 38,460.08, its highest level in a month.

Australia’s S&P/ASX 200 index rose 0.1% to 7,690.70 following the release of a fifth consecutive quarter of decelerating inflation, with the consumer price index in the first quarter easing to 3.6% from previous 4.1%. GE Aerospace flew 8.3% higher after it raised its profit forecast for the full year, in addition to beating expectations for first-quarter earnings.

The yield on the 10-year Treasury fell to 4.59% to relieve the pressure on stocks broadly, particularly high-growth ones and those that pay high dividends. ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date has weighed heavily on the performance.Canadian AI stocks like Open Text Corp are changing the game. The post 3 Artificial Intelligence Stocks to Buy With $500 and Hold Forever appeared first on The Motley Fool Canada.Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian stocks track Wall Street gains ahead of earnings reportsHONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before. U.S. futures...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateHONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsTOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan's benchmark Nikkei 225...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishTOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai's were broadly higher Monday, shrugging off the blues on Wall Street after big technology stocks logged their worst week ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares gain despite Wall Street's tech-led retreatAsian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »