Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
Time:2024-05-21 11:11:42 Source:opinionsViews(143)
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.
Previous:The Latest
Next:Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
You may also like
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- Taiwan earthquake injuries top 1000, missing hotel workers found
- GP practices asking patients to pay before seeing a doctor due to bill skipping
- Biden says he expects Iran to attack Israel soon, warns: 'Don't'
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- 'An amazing opportunity'
- More videos of Kiwi hostage Philip Mehrtens in Papua warn against Indonesian military air strikes
- How the New Zealand Falcons are tackling stigma against LGBTTQIA+ people in sports
- Amtrak train hits pickup truck in upstate New York, 3 dead including child