Stock market today: Asian shares are mixed after Wall Street breaks losing streak

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Shares are mixed in Asia after a rally on Wall Street. U.S. futures edged lower and oil prices were little changed. On Monday, the S&P 500 rose 1.1%, breaking a three-day losing streak. It was the first gain for the index since setting an all-time high early last week. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite gained 1.

A currency trader passes by the 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, July 23, 2024. Currency traders pass by the screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 23, 2024.

The People’s Bank of China also reduced collateral required by its medium-term lending facility and also reduced the interest rate for its standing lending facility by 10 basis points to 2.7% for its seven-day loans and 3.05% for its one-month loans. Besides Alphabet and Tesla, dozens of other big U.S. companies will also report their latest quarterly results this upcoming week, including Coca-Cola, Ford and American Airlines.

The gains were broad, with more than three-quarters of the stocks in the S&P 500 closing higher, although tech stocks accounted for much of the rally.and pushing Wall Street to records. Two of them, Alphabet and Tesla, will report on Tuesday how much profit they earned during the spring in a big test. Alphabet rose 2.3% and Tesla gained 5.1%..

 

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Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. U.S. futures and oil prices rose in Friday trading. The dollar lost 2.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run. U.S. futures and oil prices dropped. The yen weakened to 159.93 per dollar during morning trading. The S&P 500 slipped 0.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »