Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech !

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

Time:2024-05-21 16:03:57 source:Worldly Window news portal

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 information
  • Analysis: Larson enters conversation with Verstappen as best drivers in the world
  • Mbappé leads full
  • These are all the shows and movies coming to Netflix in May
  • Furiosa: A Mad Max Saga star Anya Taylor
  • Brazil replaces injured goalkeeper Ederson in Copa America squad
  • Adames homers twice with 4 RBIs, Brewers beat Rays 7
  • Georgia governor signs law requiring jailers to check immigration status of prisoners
  • Jennifer Connelly wears Louis Vuitton ski
Recommended content
  • Dodgers acquire pitcher Yohan Ramírez from Mets for cash
  • Alcaraz loses to Rublev in Madrid Open quarterfinals. Sinner withdraws with hip injury
  • US job openings fall to 8.5 million in March, the lowest level in more than 3 years
  • Small ranching community tears itself apart as newly
  • Dodgers acquire pitcher Yohan Ramírez from Mets for cash
  • Biden to travel to North Carolina to meet with families of officers killed in deadly shooting