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:2024-06-03 18:35:59 source:Cosmic Chronicle 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
  • The Office star Mindy Kaling reveals whether she will be reprising her role as Kelly Kapoor in spin
  • Girl, five, dies after being hit by a lorry as she rode her bike outside school
  • Dozens of jobs set to be axed at Treasury
  • Thomas Kingston dies aged 45: How the royal family will form a tight circle of support around much
  • Strong earthquakes shake area near Japanese region hit by Jan. 1 fatal disaster, but no tsunami
  • British POW who was tortured with electric shocks, beaten and starved by Putin's troops in five
  • Sensitive, self
  • Can you nail which royal women committed these acts of manicure mutiny?
Recommended content
  • Nelson Mandela's ANC party that freed South Africa from apartheid loses its 30
  • Can you nail which royal women committed these acts of manicure mutiny?
  • Will polo's 'David Beckham' and his ultra
  • Auckland trains on eastern and southern lines suspended
  • James Bond producers are set to make a MAJOR change for next 007 theme song
  • Kings and royal princes were the rock stars of their day