Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Stock market today: Asian stocks track Wall Street gains ahead of earnings reports !

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

Time:2024-05-21 12:29:47 source:Culture Cross news portal

HONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before.

U.S. futures were mixed and oil prices rose.

Japan’s benchmark Nikkei 225 rose 0.3% to 37,552.16, despite the country’s manufacturing activity contracting for 11 straight months while approaching the break-even point in April.

A purchasing managers survey showed sentiment at 49.9, on a scale of up to 100 where 50 marks the break between expansion and contraction The yen weakened further, hitting a fresh 34-year low of 154.85 early Tuesday.

The Hang Seng in Hong Kong added 1.6% to 16,771.17 while the Shanghai Composite index slipped 0.8% to 3,019.64.

Australia’s S&P/ASX 200 climbed 0.4% to 7,683.50. South Korea’s Kospi dropped 0.2% to 2,624.73.

On Monday, the S&P 500 gained 0.5% to 5,010.60 to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7% to 38,239.98, and the Nasdaq composite jumped 1.1% to 15,451.31.

Related information
  • Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
  • China's 10th National Public Ice and Snow Season launched
  • Peony Cultural Tourism Festival Kicks off in Wuding, SW China's Yunnan
  • China's Xinjiang to Invest 182 Mln Yuan in Preschool Education
  • Georgia Republicans choose Amy Kremer, organizer of pro
  • Innovative Tea
  • China Steadily Improves People's Wellbeing over Past 5 Years: Report
  • Highlights of 2023 Chinese Table Tennis Super League
Recommended content
  • Four people killed in a house explosion in southwestern Missouri
  • Miao People Participate in Traditional Dancing Activity in SW China's Guizhou
  • Chinese Scenic Spots Welcome Tourists with Festive Activities During Spring Festival Holiday
  • China reveals 26
  • Britain's new bonkers EV: Callum Skye is an £80k electric buggy built in Warwickshire
  • Chinese Scenic Spots Welcome Tourists with Festive Activities During Spring Festival Holiday