Current location:Worldly Weaves news portal > entertainment
Stock market today: Asian shares mostly gain after tech shares lead Wall St higher
Worldly Weaves news portal2024-05-07 21:45:26【entertainment】0People have gathered around
IntroductionAsian markets forged higher Tuesday after another day of gains on Wall Street led by technology stoc
Asian markets forged higher Tuesday after another day of gains on Wall Street led by technology stocks.
U.S. futures were nearly flat and oil prices edged higher.
Tokyo’s Nikkei 225, reopening after a national holiday, jumped 1.6% to 38,835.10. The advance was led by semiconductor companies like Tokyo Electron, which closed 4.8% higher, and Advantest, which picked up 2.2%.
The Kospi in South Korea surged 2.1% to 2,731.83, helped by big tech companies like Samsung Electronics, which racked up a 4.5% gain, and smaller rival SK Hynix, which added 3.7%.
Hong Kong’s Hang Seng shed 0.5% to 18,470.90. But the Shanghai Composite index recovered from early losses, gaining 0.3% to 3,148.56.
Australia’s S&P/ASX 200 advanced 1.3% to 7,781.70 after the central bank decided to keep interest rates unchanged at 4.35%.
While the Reserve Bank of Australia has likely set the bar high for any rate hikes, it “will probably need to see several more months of soft data before it is confident that it can loosen policy settings. All told, rate cuts will likely take longer to materialize than most are anticipating,” Abhijit Surya of Capital Economics said in a commentary.
Address of this article:http://niue.quotesbonanza.com/content-35b599416.html
Very good!(75)
Related articles
- FBI says an infant abducted from New Mexico park has been found safe; a suspect is in custody
- Ditching the lift and taking the stairs can reduce your risk of dying by a QUARTER
- Household Cavalry horses injured after going on blind
- Draisaitl, Hyman lead Oilers to 6
- How Rita Moreno uses honors like an upcoming public television award to further her philanthropy
- How London streets run with blood under virtue signalling Mayor Khan. A three
- Doja Cat SLAMS parents taking their children to her racy shows in expletive
- The REAL reason Garden Rescue host Charlie Dimmock never shows her own home's garden on screen
- Netanyahu uses Holocaust ceremony to brush off international pressure against Gaza offensive
- R Kelly LOSES bid to quash 20
Popular articles
Recommended
Detroit man sentenced to 80 years for fatal shootings of 2 West Virginia women
Tornadoes in Nebraska and Iowa collapse buildings
China launches 504
Elliss, Jenkins, McCaffrey join Harrison and Alt in following their fathers into the NFL
OKC's Gilgeous
Tornadoes in Nebraska and Iowa collapse buildings
Blood test could detect osteoarthritis in the knees eight years before it appears on X
DR MICHAEL MOSLEY: The simple drug
Links
- China to establish modern eco
- UN warns Sudan paramilitary forces are encircling a capital in western Darfur, urges against attack
- Dermot Mulroney reveals he didn't work for a YEAR after My Best Friend's Wedding
- 1 climber dead, another seriously hurt after 1,000
- My body is 70% covered by tattoos
- Leicester promoted back to English Premier League
- Stellar Blade review: Stunning visuals and exhilarating action
- Haniger hits grand slam in Mariners' 6
- Shirley MacLaine celebrates her landmark 90th birthday with low
- Closing prices for crude oil, gold and other commodities