Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 46 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Business News

World News

Asian shares mostly rose after U.S. stocks closed broadly higher with gains in Big Tech companies offsetting a skid in oil-and-gas stocks.

ME identifies remains found by people cutting grass in far West Side fieldMother of 4-year-old boy missing for more than three monthsHALLOWEEN FORECAST FOR SAN ANTONIO: Warm, but stalling cool front brings at least a *chance* for rain

A currency trader walks by the screens showing the foreign exchange rates and the Korean Securities Dealers Automated Quotations at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Oct. 29, 2024. The Dow Jones Industrial Average rose 0.6%, while the Nasdaq composite finished 0.3% higher. It’s now within 0.4% of its all-time high set in July.

But stocks in the oil-and-gas industry dropped, hurt by the sinking price of oil. Exxon Mobil fell 0.5% and ConocoPhillips fell 1.2%. Beyond the violence that is taking a human toll, the worry in financial markets is that an escalating war in the Middle East could cut off the flow of crude from Iran, which is a major oil producer. Such worries had sent the price of Brent crude up to nearly $81 per barrel in early October, despite signals that plenty of oil is available for the global economy. It’s since fallen back below $72.

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:

 /  🏆 442. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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 shares mostly rise after Wall Street climbs on Big Tech gainsAsian shares mostly rose after U.S. stocks closed broadly higher with gains in Big Tech companies offsetting a skid in oil-and-gas stocks.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares track Wall St decline, as selling hits tech companiesShares are mostly lower in Asia after U.S. stocks pulled back from their records.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares track Wall St decline, as selling hits tech companiesShares are mostly lower in Asia after U.S. stocks pulled back from their records.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares track Wall St decline, as selling hits tech companiesShares are mostly lower in Asia after U.S. stocks pulled back from their records. Tokyo's Nikkei index fell 1.8%, leading the declines, while Chinese shares mostly advanced. Technology stocks fell after computer chip equipment supplier ASML warned of a slower recovery outside of the AI boom. On Tuesday, the S&P 500 fell 0.
Source: AP - 🏆 728. / 51 Read more »