News Formal

Stock market today (June 24, 2024): World shares are mixed after Wall St closes another winning week | Zimo Zhong

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

European markets opened with gains and Asian benchmarks retreated Monday after US stocks coasted to the close of their latest winning week. The future for the Dow Jones Industrial Average edged 0.1% higher and that for the S&P 500 rose 0.2%. France’s CAC 40 added 0.4% to 8,271.

European markets opened with gains and Asian benchmarks retreated Monday after US stocks coasted to the close of their latest winning week.

In Tokyo, the Nikkei 225 index rose 0.5% to 38,804.65, making it the sole major benchmark in Asia to post gains on Monday.Minutes of the Japanese central bank’s last policy meeting released Monday put the yen under renewed pressure as it indicated that “Any change in the policy interest rate should be considered only after economic indicators confirm that, for example, the CPI inflation rate has clearly started to rebound and medium-to long-term inflation expectations have risen.

Nvidia again dragged on the market after falling 3.2%. The company’s stock has soared more than 1,000% since October 2022 on frenzied demand for its chips, which are powering much of the world’s move into artificial-intelligence technology, and it briefly supplanted Microsoft this week as the most valuable company on Wall Street.

 

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

 /  🏆 19. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today (June 3, 2024): World shares start June mostly higher following Wall St rallyWorld shares began June mostly higher after a report showing that inflation in the U.S. is not worsening drove a rally on Wall Street. In early trading Monday, Germany's DAX advanced 1% to 18,728.00 and the CAC 40 in Paris climbed 0.6% to 8,040.94. Britain's FTSE 100 added 0.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Stock market today (June 5, 2024): Asian stocks trade mixed after Wall Street logs modest gainsAsian shares traded mixed Wednesday, as investors weighed recent data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. Japan's benchmark Nikkei 225 shed 1.0% in early trading to 38,448.61. Australia's S&P/ASX 200 edged up 0.3% to 7,759.20. South Korea's Kospi jumped 1.2% to 2,695.02.
Source: BusinessMirror - 🏆 19. / 59 Read more »