Asian shares track technology-led sell-off on Wall Street
Shares fell in Asia on Thursday after the release of worse inflation data than expected sparked heavy selling of technology stocks on Wall Street. Hong Kong’s benchmark dipped 1.5% in early trading following the arrests of several prominent democracy advocates, including a retired Roman Catholic cardinal. Wednesday’s report from the U.S. Labor Department showed inflation […]
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Asian Shares Mostly Higher After Wobbly Day on Wall Street | Business News
By ELAINE KURTENBACH, AP Business Writer Asian shares logged moderate gains on Thursday after Wall Street stabilized following a sell-off in tech stocks the day before. Tokyo’s Nikkei 225 rose 1% to 26,642.88 after the Bank of Japan wrapped up a policy meeting with no major changes, maintaining its near-zero interest rate stance despite a […]
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Asian Shares Mostly Higher After Wall Street Tech Rally | Business News
By YURI KAGEYAMA, AP Business Writer TOKYO (AP) — Asian shares mostly rose Thursday as investors tried to gauge U.S. inflation, tensions between Russia and Ukraine and the impact of the pandemic. Japan’s benchmark Nikkei 225 rose 0.4% to 27,680.91. Australia’s S&P/ASX 200 gained 0.1% to 7,275.70. South Korea’s Kospi added 0.1% to 2,771.88. Hong […]
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Falling technology, banks lead Wall Street to new low for 2022
UPDATE: 11 a.m. Stocks fell to a new low for the year on Wall Street today and bond yields surged amid renewed jitters the Federal Reserve will lift interest rates to tackle rising inflation. The S&P 500 fell 1.8%, the Dow Jones Industrial Average lost 1.5% and the Nasdaq sank 2.6%. Technology stocks and banks […]
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Wall St Week Ahead Tech giants’ earnings may be another test for markets at new highs
People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo NEW YORK, Oct 22 (Reuters) – Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets […]
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