Stock market today: Asian shares mostly rise after Wall Street rally led by Nvidia

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Donald Trump,Stephen Innes,World News

Asian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia.

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A currency trader passes by a 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, Tuesday, Jan. 7, 2025. Japan's benchmark Nikkei 225 jumped 2.4% in morning trading to 40,248.68. Australia's S&P/ASX 200 edged up 0.3% to 8,279.30. South Korea's Kospi added nearly 1.0% to 2,513.39. Hong Kong's Hang Seng index slid 0.3% to 19,635.67, while the Shanghai Composite was little changed, inching down less than 0.1% to 3,205.55.block a proposed nearly $15 billion deal

"The convergence of these financial indicators points to a heightened alert among traders, who carefully calibrate their strategies for potential shifts in policy and economic directives that the new administration may bring," he said.following five straight losses, its longest losing streak since April. The Dow Jones Industrial Average lost an early gain to slip 25 points, or 0.1%, and the Nasdaq composite gained 1.2%.

All told, the S&P 500 rose 32.91 points to 5,975.38. The Dow Jones Industrial Average slipped 25.57 to 42,706.56, and the Nasdaq composite jumped 243.30 to 19,864.98.But in a potentially market-moving event later in the week, the Federal Reserve will release the minutes from its last policy meeting, where it cut its main interest rate for a third straight time.

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Stock market today: Asian shares mostly rise after Wall Street rally led by NvidiaAsian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Benchmarks rose in early Tuesday trading in Japan, South Korea and Australia, while sliding in Hong Kong. U.S. indexes recover more of their holiday-season slide. The S&P 500 climbed 0.
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Stock market today: Asian shares advance, tracking rally on Wall StreetShares have advanced in Asia after Wall Street resumed its upward climb as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve.
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Stock market today: Asian shares advance, tracking rally on Wall StreetShares have advanced in Asia after Wall Street resumed its upward climb as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve.
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