Japanese stocks are leading gains in Asian markets after Wall Street close to its record heights as data showed the U.S. economy is holding up better than expected.
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index , top left, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 16, 2024.
The Hang Seng in Hong Kong added 1.6% to 17,376.44, and the Shanghai Composite index edged 0.1% higher to 2,879.93. In South Korea, the Kospi jumped 1.8%, to 2,692.65. Australia’s S&P/ASX 200 advanced 1.3% to 7,962.40.
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Japan stocks lift Asian market higher after US retail data boost Wall StreetJapanese stocks are leading gains in Asian markets after Wall Street close to its record heights as data showed the U.S. economy is holding up better than expected. U.S. futures were higher while oil prices dropped. The Nikkei 225 surged nearly 3% in Friday morning trading.
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Asian shares trade higher after Wall Street rise and Japan GDP data show growthAsian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth.
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Asian shares trade higher after Wall Street rise and Japan GDP data show growthAsian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth.
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Asian shares trade higher after Wall Street rise and Japan GDP data show growthAsian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth. Shares rose in Tokyo, Sydney, Hong Kong and Shanghai. Trading was closed in South Korea for a national holiday. Japan's grew at an annual rate of 3.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week. Japan's Nikkei 225 index jumped 2.1%. U.S. futures and oil prices rose. On Friday, the S&P 500 rose 1.1% for its best day in seven weeks.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week.
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