Stock market today: Global shares mostly rise cheered by Wall Street finish

An employee of a bank stands near the screens showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between the U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, April 4, 2024. Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year. – Global shares mostly rose Thursday amid expectations for more U.S. interest rate cuts this year.

Analysts say Taiwan Semiconductor Manufacturing Co’s facilities may get quicker-than-expected relief — easing concerns about production halts — after a powerful earthquake struck Wednesday, killing at least nine people. Trading was closed in Taiwan, as well as in China, for a national holiday. Share prices also got a lift from a recent report from Japan's major labor union Rengo, or Japanese Trade Union Confederation, that wage increases continued to be solid in this year's negotiations, averaging a rise of more than 5%, the highest in three decades.

A more comprehensive report on the job market for March will arrive from the U.S. government on Friday, and it will likely be the week’s headline economic data.

Nederland Laatste Nieuws, Nederland Headlines

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