Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech
Time:2024-05-09 04:52:33 Source:businessViews(143)
HONG KONG (AP) — Asia stocks were mostly lower on Friday after gains for Big Tech shares helped U.S. stock indexes claw back much of their slide from the day before.
U.S. futures and oil prices were higher.
In Tokyo, the Nikkei 225 index was up 0.4% at 39,609.60, with the dollar standing at 153.23 Japanese yen, slightly lower than the 34-year high of 153.32 yen it reached on Wednesday.
Hong Kong’s Hang Seng index declined 1.7% to 16,826.98 and the Shanghai Composite index edged 0.1% lower, to 3,032.22. China’s trade data for March will be released later in the day.
“The resilience of Asian equities is noteworthy, especially considering the stronger U.S. dollar and China’s ongoing deflationary challenges,” Stephen Innes, managing partner at SPI Asset Management, said in a commentary.
South Korea’s Kospi shed 0.7% to 2,686.89 after the Bank of Korea held its benchmark rate unchanged at 3.50%.
Previous:Georgia court to review ruling allowing Fani Willis to stay on Trump case
Next:Former Las Vegas casino executive to be sentenced in bookmaking money laundering case
You may also like
- Is THIS Britain's most expensive pastry? Kensington bakery is selling super
- Massachusetts police bust burglary ring that stole $4 million in jewels over six years
- Strictly Come Dancing star 'set to join Celebrity Gogglebox with his younger brother and dad'
- Twins pound out 17 hits, claim their seventh straight win with an 11
- Lithuania defends banning Russian and Belarusian observers from monitoring upcoming election
- Rangers rookie Wyatt Langford hits an inside
- Wenceel Pérez hits a 2
- A Florida sheriff says 10 people were wounded by gunfire after a fight broke out at a party venue
- Andy Murray to return from ankle injury at Geneva Open this month