The New York Stock Exchange, right, is shown in this view looking east on Wall St. on Wednesday, June 5, 2024. Global shares are mixed as investors weigh data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. – Global markets rose Thursday after Wall Street barreled to records Wednesday as the frenzy around artificial-intelligence technology keeps sending stocks higher.
In Asian trading, Tokyo's Nikkei 225 index climbed 0.6% to 38,703.51. The Hang Seng in Hong Kong was 0.3% higher to 18,480.61 and the Shanghai Composite index dropped 0.5% at 3,048.79. Nvidia is leading the way because its chips are powering much of the rush into AI, and it rose another 5.2% to bring its gain for the year to more than 147%.
Treasury yields fell in the bond market following some mixed data on the economy. One report said real estate, health care and other businesses in the U.S. services sector returned to growth last month and beat economists’ forecasts. Perhaps more importantly for Wall Street, the report from the Institute for Supply Management also said prices rose at a slower pace in May than a month before.
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:
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 mixed after Wall Street's lull stretches to a 2nd dayAsian shares are mixed after Wall Street’s lull stretched into a second day. China reported better than expected trade figures for April. U.S. futures were slightly lower and oil prices rose. On Wednesday, the S&P 500 closed little changed after a big three-day winning streak gave way to a slight gain the prior day.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Global shares mixed after Wall Street's lull stretches to a 2nd dayWorld shares are mixed after Wall Street’s lull stretched into a second day.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Global shares mixed after Wall Street's lull stretches to a 2nd dayWorld shares are mixed after Wall Street’s lull stretched into a second day.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian stocks drift after Wall Street closes another winning weekAsian stocks are mostly lower following the weekend release of weak China lending data.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian stocks drift after Wall Street closes another winning weekAsian stocks are mostly lower following the weekend release of weak China lending data. U.S. futures were mixed and oil prices fell. There were reports the Biden administration planning to raise tariffs on electric vehicles, semiconductors, solar equipment, and medical supplies imported from China. The S&P 500 rose 0.2% Friday.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian stocks drift after Wall Street closes another winning weekAsian stocks are mostly lower following the weekend release of weak China lending data.
Source: wjxt4 - 🏆 246. / 63 Read more »