Stock market today: Asian shares mostly higher, though China benchmarks falter

  • 📰 Mynorthwest
  • ⏱ Reading Time:
  • 35 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 53%

Mynorthwest.Com - Seattle News News

Sports,Weather,Traffic

Asian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered. U.S. futures were nearly flat and

Tokyo’s Nikkei 225, reopening after a national holiday, jumped 1.6% to 38,835.10. Gains were led by semiconductor companies like Tokyo Electron, which closed 4.8% higher, and Advantest, which picked up 2.2%.

Taiwan’s Taiex was up 0.6%, while India’s Sensex gave up 0.7% as the country began the third phase of its weeks’ long national elections process. Berkshire Hathaway added 1% after Warren Buffett’s company reported its latest quarterly results over the weekend. Traders are betting on a nearly 89% chance that the Fed will cut its main interest rate at least once before the end of the year, according to data from CME Group. That’s up from from an 81.6% probability seen a week earlier. Lower rates would help ease the pressure on the economy and financial system.

But several more big names are still on the way, including The Walt Disney Co. and Uber Technologies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 438. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria 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 markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong gained nearly 2% while Shanghai fell after Fitch Ratings lowered its outlook for China's public finances. On Tuesday, the S&P 500 edged up 0.1% after barely budging the day before.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Shares fell in Shanghai after China's central bank left its 1 and 5-year lending rates unchanged.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares mostly higher, though China benchmarks falterAsian markets are mostly higher, although Chinese shares faltered. U.S. futures and oil prices edged higher. On Monday, U.S. stocks added to their gains from last week as technology stocks led the way once again. The S&P 500 climbed 1% and the Dow Jones Industrial Average rose 0.5%. The Nasdaq composite added 1.2%.
Source: AP - 🏆 728. / 51 Read more »