Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500’s worse losing streak since the start of the year.
U.S. futures were lower, while oil prices gained.
Tokyo’s Nikkei 225 climbed 0.3% to 38,079.70 and the Hang Seng in Hong Kong gained 1.3% to 16,468.07.
The Shanghai Composite index added 0.6% to 3,089.02.
South Korea’s Kospi led the region’s gains, surging 2.2% to 2,642.02.
In Australia, the S&P/ASX 500 rose 0.4% to 7,638.10.
On Wednesday, the S&P 500 lost 0.6%, to 5,022.21. It’s down 4.4% since setting a record late last month.
The Dow Jones Industrial Average slipped 0.1% to 37,753.31, and the Nasdaq composite sank 1.1% to 15,683.37.
Tech stocks slumped after ASML, a Dutch company that’s a major supplier to the semiconductor industry, reported weaker orders for the start of 2024 than analysts expected. Its stock trading in the United States slumped 7.1%.
Related articles:
Related suggestion:
Cluster fears over new HK virus casesTaiwan earthquake rescuers face threat of landslides, rockfalls as death toll at 12NZDF mission in Red Sea has 'shades of Iraq'New Zealand is in a recession: What you need to knowPerson in hospital after Dunedin house fireMideast tensions loom ahead of Biden meeting with Iraqi PM alWorldwide coronavirus deaths exceed 16,500Call for schools soft drink ban renewed after government implements cellphone banGovernment holds first carbon auction of the year after four failuresChristopher Luxon's reo Māori lessons paid for by taxpayer
0.1044s , 6502.765625 kb
Copyright © 2024 Powered by Stock market today: Asian shares gain despite Wall Street's tech ,Global Graph news portal