Mixed Mood In Asian Markets
6 Articles
6 Articles
Mixed Mood In Asian Markets
Mixed sentiment prevailed in Asian stock markets on Thursday as markets assessed the inflationary situation, the Middle East crisis, the outlook for the technology sector and the movements in bond yields. Sentiment was supported by upbeat results released by U.S. memory chip maker Micron a day earlier.
US indices closed mixed on Wednesday, with the Nasdaq outperforming as investors focused on inflation indicators, oil prices and government bond yields. Several major Asian markets were closed this morning, with China and Hong Kong markets closed, but most indices rose, with both Japan and South Korea posting significant gains. European markets could see a choppy opening, while US futures are pointing to gains. We will also be covering similar …
Global Market Today: Asian shares mixed as bond yields, oil keep investors on edge
Contracts for the S&P 500 Index rose 0.5% after the underlying gauge erased its gains to close 0.2% lower in the final hours of Wednesday trading. Asian shares edged lower after Micron Technology Inc. gave an upbeat forecast, but warned that rising compensation costs would weigh on profit margins. Alphabet Inc.’s shares rose after Google began rolling out the Gemini 4 Argon, its long-awaited flagship artificial intelligence model.
Stock markets in Asia that are not closed for the weekend are going up.
Stock exchanges in Asia that are not closed for the weekend are on the rise. Japan's Nikkei 225 index rose 2.4 percent in Thursday trading while the broader Topix increased 0.1 percent. South Korea's Kospi climbed 0.5 percent. Hong Kong's Hang Seng and China's Shanghai and Shenzhen are closed for the weekend...
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