Asian stocks are mixed after Wall Street's best week of the year

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Asian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday.

Currency traders work near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between the U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 19, 2024. Japan’s benchmark index fluctuated in morning trading. The Nikkei 225 shed 15.50 points to 38,047.

Because the Fed has said its upcoming moves will depend in large part on what data reports at the time say, “it will be difficult for Powell to pre-commit to a particular trajectory at Jackson Hole,” said economists at Deutsche Bank led by Matthew Luzzetti. Bangkok’s SET increased 0.8% after data showed the country's gross domestic product in the second quarter increased 2.3% compared to a year earlier, driven by tourism.

 

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 /  🏆 442. in TH

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Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixedAsian stocks fell on Wednesday as markets digested Japanese and Australian business data, after U.S. stocks held relatively steady as earnings reporting
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Stock market today: Asian stocks fall after a torrent of profit reports leaves Wall Street mixedAsian stocks are lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies. U.S. futures fell while oil prices were higher. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.1%.
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Stock market today: Asian shares are mixed after Wall Street breaks losing streakShares 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.
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Asian stocks are mixed after Wall Street's best week of the yearAsian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday.
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Asian shares are mixed after Wall Street decline led by falling tech stocksAsian shares are mixed after another tumble on Wall Street.
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Asian shares are mixed after Wall Street decline led by falling tech stocksAsian shares are mixed after another tumble on Wall Street.
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