Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech
Time:2024-05-21 09:13:23 Source:sportViews(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:Six killed in a 'foiled coup' in Congo, the army says
Next:Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
You may also like
- Lynn Williams breaks NWSL goal
- US Senate passes funding package after missing deadline to avert partial gov't shutdown
- (COP28) Climate Summit Launches Partnership to Promote Women's Climate Resilience
- 'Spring Bud Gas Station' Project Wins Award at 2023 IFENG Action League Ceremony
- Brazil replaces injured goalkeeper Ederson in Copa America squad
- China Achieves Full Coverage of Educational Assistance
- Girl, 6, Acts as Translator for Her Deaf Parents Doing Foot Spa Business
- Scenic Area Opens to Promote Night Economy in Xinjiang
- Four people killed in a house explosion in southwestern Missouri