HONG KONG — Asian stocks were mixed on Wednesday after U.S. benchmarks ticked to more records following the latest signs that the U.S. economyTokyo’s Nikkei 225 index climbed 0.2% to 38,570.86 as Japan’s trade data for May showed exports rose 13.5% while imports were up 9.5% from a year earlier, pushed higher by rising prices and the weaker value of the yen against the U.S. dollar.
In Sydney, the S&P/ASX 200 edged 0.1% lower to 7,769.10. South Korea’s Kospi surged 1.2% to 2,797.33.On Tuesday, the S&P 500 added 0.3% to 5,487.03, setting an all-time high for the 31st time this year. The Nasdaq composite edged up by less than 0.1% to 17,862.23. The Dow Jones Industrial Average gained 0.2% to 38,834.86.
The Commerce Department reported that retail sales rose 0.1% in May, below the pace that economists projected, while April sales were revised downward — a 0.2% decline, from unchanged. Sales rose 0.6% in March and 0.9% in February. That comes after sales fell 1.1% in January, dragged down in part by inclement weather.to
Shares of Trump Media – Trump’s namesake social media company – tumbled again Tuesday, continuing its long slide after his hush money guilty verdict.1 Dividend Superstar I’D buy over TD Bank Stock
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