Investing.com-- Most Asian stocks rose on Friday, tracking strength in Wall Street after more signs of a cooling U.S. labor market reinforced expectations for rate cuts later this year.
China’s massive battery and solar energy industries are also likely to face increased tariffs, which could be unveiled as soon as next week. The potential move comes amid persistent effort from Beijing and Hong Kong to help support local equity markets, which were battered over the past three years.
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Stock market today: Asian shares mostly higher, though China benchmarks falterAsian 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
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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%.
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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.
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