entertainment

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech

Font size+Author:Global Gist news portalSource:health2024-04-30 19:11:31I want to comment(0)

HONG KONG (AP) — Asia stocks were mostly lower on Friday after gains for Big Tech shares helped U.S.

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%.

Related articles
  • House and Senate negotiate on bill to assist FAA

    House and Senate negotiate on bill to assist FAA

    2024-04-30 18:23

  • Cleanup of homeless encampment along Santa Ana River hits a snag in Newport Beach

    Cleanup of homeless encampment along Santa Ana River hits a snag in Newport Beach

    2024-04-30 18:09

  • Bayern Munich kick a ball around a £3,500

    Bayern Munich kick a ball around a £3,500

    2024-04-30 17:26

  • Scary Movie is back! Franchise will be rebooted 11 years after Scary Movie 5 was released

    Scary Movie is back! Franchise will be rebooted 11 years after Scary Movie 5 was released

    2024-04-30 16:33

Netizen comments