Asian stocks track Wall Street gains after encouraging US jobs data calm jitters over the economy

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Wall Street News

Asian Stocks

Asian stocks were higher Friday after U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment...

In Tokyo, the Nikkei 225 index was up 1.6% at 35,380.23. The yen again fell under pressure after three days of rising against the dollar, giving a lift to Japanese stocks that often rise when the yen falls.

The Hang Seng in Hong Kong added 1.9% to 17,211.26 and the Shanghai Composite index edged 0.2% higher to 2,876.51. On Thursday, the S&P 500 jumped 2.3% to 5,319.31, for its best day since 2022 and shaved off all but 0.5% of its loss from what was a brutal start to the week. The Dow Jones Industrial Average rose 1.8% to 39,446.49, and the Nasdaq composite climbed 2.9% to 16,660.02 as Nvidia and other Big Tech stocks helped lead the way.after a report showed fewer U.S. workers applied for unemployment benefits last week. The number was better than economists expected.

Global Genetic Engineering Market Size/Share Worth USD 2,917.2 Million by 2033 at a 6.74% CAGR: Custom Market Insights

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares are mixed after Wall Street breaks losing streakBANGKOK (AP) — Shares were mixed Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportHONG KONG (AP) — Asian stocks were mixed Friday, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks Set to Track Wall Street’s Tech Rally: Markets Wrap(Bloomberg) -- Asian equities were primed for an early advance after a rally in the world’s largest tech stocks lifted US and global shares to new highs...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian shares slip after decline on Wall Street led by falling tech stocksTOKYO (AP) — Asian shares dropped early Thursday morning trading after declines on Wall Street, as the gyrations that recently slammed global markets haunted...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks Advance After Wall Street’s Rebound: Markets Wrap(Bloomberg) -- Stocks in Asia followed a rebound on Wall Street as investors looked beyond Joe Biden ending his reelection campaign to focus on the start of ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »