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 14:58:56 source:Global Grandeur 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
  • Ricky Stenhouse punching Kyle Busch could lead to suspension
  • Sarah Jayne Dunn sets pulses racing in  animal print bra as she joins chic Georgia May Foote at CO
  • New Elizabeth Smart
  • Kyle Hendricks struggles again in 5th start this season for the Chicago Cubs
  • Here comes the char
  • Angels third baseman Anthony Rendon placed on 10
  • Caroline Flack's best
  • Kyle Hendricks struggles again in 5th start this season for the Chicago Cubs
Recommended content
  • Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
  • Kim Kardashian to produce new Netflix series Calabasas alongside Emma Roberts and I. Marlene King
  • Angels third baseman Anthony Rendon placed on 10
  • Wilyer Abreu drives in a pair of runs as Red Sox complete sweep of reeling Pirates with 6
  • Supreme Court rejects an appeal from a Canadian man once held at Guantanamo
  • Mel B looks incredible in a red cut