Stock market today: Asian shares trade higher after Wall St rally takes S&P 500 near record

  • 📰 AP
  • ⏱ Reading Time:
  • 28 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 63%
  • Publisher: 51%

Financial Markets News

Financial Services,Inflation,General News

Stocks in Asia are trading higher after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. Investors were focused on the release of China’s April inflation figures.

A currency trader works near 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, Friday, May 10, 2024. 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, Friday, May 10, 2024.

Japan’s benchmark Nikkei 225 rose 0.4% to 38,229.11, while Australia’s S&P/ASX 200 rose 0.5% to 7,761.90. South Korea’s Kospi added 0.8% to 2,733.06. Equinix jumped 11.5% after reporting stronger profit for the latest quarter than analysts expected. The company, which runs data centers around the world, also said an independent investigation led by its board found no accounting inconsistencies or errors that would require financial restatements. Earlier, an investment firm had accused it of “major accounting manipulation.”

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:

 /  🏆 728. in US
 

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

United States United States Latest News, United States United States 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 trade higher after Wall St rally takes S&P 500 near recordStocks in Asia are trading higher after a rally on Wall Street that pulled the S&P 500 back within 1% of its record.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week. Benchmarks rose in early Monday trading in Sydney, Seoul, Hong Kong and Shanghai. Trading was closed in Tokyo for a Japanese national holiday, Showa Day.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall StreetAsian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in TokyoAsian shares have tracked Wall Street's rally, led by a 2.4% advance for Tokyo's benchmark Nikkei 225 index.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in TokyoAsian shares have tracked Wall Street's rally, led by a 2.4% advance for Tokyo's benchmark Nikkei 225 index.
Source: ksatnews - 🏆 442. / 53 Read more »