Stock market today: Asian shares rise and the yen dips after Japan's ruling party loses majority

THIS WEEK: Warm and dry start, then a few spotty rain chances by HalloweenLong-standing Dairy Queen location in San Antonio closes permanentlyKSAT viewers share their unique 2024 Muertos Fest celebrationsKeep your drink cold longer with these tumblers. See more Insider Deals here.A currency trader works near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S.

In currency trading, the U.S. dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen levels last month. The euro cost $1.0796, down form $1.0803.The weak yen is a boon for Japan's giant exporters like Toyota Motor Corp., whose stock gained 3.7% in Tokyo trading. Nintendo Co. gained 2.6%, while Sony Corp. rose nearly 2.0%.

Japan's benchmark Nikkei 225 surged 1.6% in morning trading to 38,527.52. Australia's S&P/ASX 200 gained nearly 0.1% to 8,217.80. South Korea's Kospi edged up 0.6% to 2,598.73. Hong Kong's Hang Seng added 0.1% to 20,614.74, while the Shanghai Composite rose 0.3% to 3,310.63. Company earnings reports, which have been mostly solid, continue to be a key focus for investors. More than a third of the companies in the S&P 500 index have reported their latest quarterly financial results. Most of the results have beat analysts' forecasts. Companies from around the world are scheduled to report earnings in coming weeks.

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: Asian markets mostly fall after Wall Street logs 3rd loss in a rowShares are mostly lower in Asia after a third straight day of losses on Wall Street.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares are mostly higher after strong earnings boost stocks on Wall StShares are mostly higher in Asia after U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares climb after blockbuster US jobs reportAsian shares have advanced after a surprisingly strong U.S. jobs report raised optimism about the economy, sparking a rally on Wall Street. U.S. futures slipped and oil prices also fell. Japan's Nikkei 225 index gained nearly 2% and shares in Hong Kong, Seoul and Taiwan also gained more than 1%. On Friday, the S&P 500 climbed 0.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares are mixed and the yen slips against the dollarAsian shares are mixed after U.S. stocks edged higher toward recent record levels.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian markets mostly fall after Wall Street logs 3rd loss in a rowShares are mostly lower in Asia after a third straight day of losses on Wall Street.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Wall Street hangs near its records after wild swings in Asian marketsU.S. stocks are hanging near their records following a wild start to the week for financial markets in Asia. The S&P 500 was flat in early Monday trading, coming off its sixth winning week in the last seven. The Dow Jones Industrial Average pulled back 155 points, or 0.4%, from its all-time high set on Friday, while the Nasdaq composite rose 0.2%.
Source: AP - 🏆 728. / 51 Read more »