Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
A Security member stands guard at one of the entrance of the New York Stock Exchange in New York, Tuesday, March 19, 2024. Reddit Inc. signage is seen on the New York Stock Exchange trading floor, prior to Reddit IPO, Thursday, March. 21, 2024. A person walks in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in the rain Monday, March 25, 2024, in Tokyo.
Hong Kong’s Hang Seng climbed 0.2% to 16,535.89, while the Shanghai Composite gained 0.3% to 3,056.52.Australia’s S&P/ASX 200 rose 0.5% to 7,811.90. South Korea’s Kospi lost 0.2% to 2,743.04. The Bank of Japan raised a key interest rate for the first time in 17 years last week, to barely above zero from below zero, or negative interest rates. That means borrowing rates in Japan still remain below those of the U.S. and many other nations.Stock market today: Wall Street closes its best week of the year with a quiet finish“The recent Bank of Japan meeting added another layer of complexity to the dollar’s trajectory.
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Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.
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Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.
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Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan's Nikkei 225 topped 41,000 for the first time early Friday but then fell back. Chinese property and tech companies weighed on markets in Shanghai and Hong Kong. On Thursday, the S&P 500 rose 0.3% to an all-time high for a third straight day.
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Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
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Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
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Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
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