Current location:Universal Update news portal > health
Stock market today: Asian shares mostly gain after tech shares lead Wall St higher
Universal Update news portal2024-05-07 22:41:21【health】1People 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://algeria.shellye-mcdaniel.com/article-68e199741.html
Very good!(7755)
Related articles
- Xi Presides over Meeting on Economic Work
- All suggestions given to State Council in 2023 addressed: official
- The northern section of Beijing Subway Line 17 will open by the end of the year
- Xi greets Sharif on election as Pakistani PM
- Xi's Three Visits to Wuhan
- More outbound flights expected for Spring Festival
- Patrols near Kinmen 'beyond reproach'
- DPP authorities tell lies, conceal truth about fatal boat incident: Taiwan Affairs Office
- Xi Focus: Xi Urges Modernization of Industrial System, High
- China slams U.S.' citing mutual defense treaty to back Philippine provocations in South China Sea
Popular articles
Recommended
Scenery of Baiyangdian Lake in Xiongan New Area, N China's Hebei
More outbound flights expected for Spring Festival
Ice sculptures of Asian Winter Games mascot debuted on Central Street in Harbin
Advisers to maintain focus on modernization, CPPCC says
Xi Sends Congratulatory Letter to General Assembly of Alliance for Cultural Heritage in Asia
China's first domestic large cruise ship embarked on its maiden commercial voyage
The northern section of Beijing Subway Line 17 will open by the end of the year
Mainland, KMT seek common ground: Promoting exchange, opposing external interference
Links
- Kendall Jenner puts on a cheeky display in flesh
- Bayern stars Musiala, Sané fit enough to start against Real Madrid in Champions League
- Astros to option slumping 2020 AL MVP José Abreu to their spring training facility in Florida
- Bayern stars Musiala, Sané fit enough to start against Real Madrid in Champions League
- Chelsea Gray signs extension with 2
- Brewers call up hot
- Some North Carolina abortion pill restrictions are unlawful, federal judge says
- Lawmakers and advocates make last
- Trump says states should decide on prosecuting women for abortions, has no comment on abortion pill
- Trump says he'll use National Guard to deport migrants, doubling down on anti