FILE - A person stands in front of an electronic stock board showing Japan’s Nikkei index at a securities firm in Tokyo, on May 28, 2024. Asian shares traded mixed Wednesday, June 5, 2024, as investors weighed recent data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. FILE - A security guard stands guard at the entrance of Tokyo Stock Exchange building in Tokyo, on May 28, 2024.
On Tuesday, the S&P 500 ticked up by 0.2% to 5,291.34, though more stocks within the index fell than rose. The Dow Jones Industrial Average rose 0.4% to 38,711.29, and the Nasdaq composite added 0.2% to 16,857.05. But it also followed a report on Monday that showed U.S. manufacturing contracted in May for the 18th time in 19 months. Worries about a slowing economy have hit the price of crude oil in particular this week, raising the possibility of less growth in demand for fuel.
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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.
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Stock market today: Asian shares track Wall Street's retreatShares have retreated in Asia after U.S. stocks fell under the weight of higher yields in the bond market. U.S. futures sank and oil prices fell back. On Wednesday, the S&P 500 dropped 0.7% and the Dow Jones Industrial Average lost 1.1%. The Nasdaq composite fell 0.6% after setting its latest all-time high.
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Stock market today: Asian shares track Wall Street’s slide on worries over interest ratesAsian shares retreated Friday after strong reports on the U.S. economy raised the possibility of interest rates staying painfully high. U.S. futures edged
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