Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech
Time:2024-05-21 14:48:43 Source:styleViews(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:Jon Wysocki dead at 53: Staind drummer passes away
Next:Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
You may also like
- A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
- Former NFL MVP Roman Gabriel
- Oklahoma bus driver crashes into a building after a passenger punches him, police say
- Violent rages, sadistic beatings, in
- Here comes the char
- Rosanna Arquette gushes over Pulp Fiction co
- Horrific moment Orange County man dropkicks tiny puppy down the street
- Satellite image analysis: Iranian attack damaged Israeli air base
- Kristin Cavallari, 37, ignores critics of her age