Asian shares slip after Wall Street ends its best month of ’23 with big gains

Asian shares slip after Wall Street ends its best month of ’23 with big gains

NEW YORK (AP) — Stocks drifted lower in morning trading on Wall Street Friday as the market comes off its best month in more than a year. The S&P 500 slipped 0.1%. The Dow Jones Industrial Average rose 57 points, or 0.2% to 36,011 as of 10:01 a.m. Eastern. The Nasdaq fell 0.3%. Big communication … Read more

Asian shares mostly higher ahead of US price update, OPEC+ meeting

Asian shares mostly higher ahead of US price update, OPEC+ meeting

HONG KONG (AP) — Asian shares declined on Friday even after Wall Street closed out its best month of the year with big gains in November. U.S. futures rose while oil prices continued to drop despite the latest extension of OPEC’s production cuts. Even with continued cuts to output, other producers such as the U.S. … Read more

Asian shares mostly decline, as investors watch spending, inflation

Asian shares mostly decline, as investors watch spending, inflation

The major U.S. stock indexes ended slightly lower Monday as Wall Street looks ahead to updates on inflation and how American consumers are feeling about the economy. The S&P 500 slipped 0.2%. The benchmark index was coming off a holiday-shortened week in the U.S. and its fourth straight winning week. The Dow Jones Industrial Average … Read more

Asian shares slip in cautious trading following a weak close on Wall Street

Asian shares slip in cautious trading following a weak close on Wall Street

Stocks closed broadly higher on Wall Street Wednesday, keeping the market on pace for a fourth straight winning week. The S&P 500 rose 0.4%, with nearly all of its sectors notching gains on the final day of trading ahead of the Thanksgiving holiday in the U.S. The Dow Jones Industrial Average and the Nasdaq composite … Read more

Asian stocks pulled lower by profit warnings and signs the US economy is slowing

Asian stocks pulled lower by profit warnings and signs the US economy is slowing

NEW YORK (AP) — Wall Street is drifting in quiet trading on Friday as its scorching November rolls toward the close of a third straight winning week. The S&P 500 was virtually unchanged in afternoon and near its highest level in three months. The Dow Jones Industrial Average was down 17 points, or 0.1%, as … Read more

Asian shares rebound following latest tumble on Wall Street. Oil prices gain $1

Asian shares rebound following latest tumble on Wall Street. Oil prices gain $1

NEW YORK (AP) — Wall Street slipping Friday following the latest batch of corporate earnings and some mixed readings on the U.S. economy. The S&P 500 was 0.6% lower in afternoon trading, coming off its ninth loss in 11 days and its lowest level in five months. The Dow Jones Industrial Average was down 339 … Read more

Asian shares mixed, with most regional markets closed after Wall St ticks higher

Asian shares mixed, with most regional markets closed after Wall St ticks higher

NEW YORK (AP) — Most of Wall Street is wavering on Friday following some encouraging signals on inflation, as it limps to the end of what’s been a miserable September. The S&P 500 was 0.2% lower in afternoon trading, with the majority of its stocks falling. The Dow Jones Industrial Average slipped 145 points, or … Read more

Asian shares gain after data show China’s economy stabilizing in August

Asian shares gain after data show China’s economy stabilizing in August

NEW YORK (AP) — Stocks slipped in morning trading on Wall Street Friday but not enough to erase the market’s gains for the week. The S&P 500 fell 0.5%. The benchmark index is on track for weekly gains that would help trim some of last week’s losses. Th Dow Jones Industrial Average fell 28 points, … Read more

Asian markets are mostly lower as oil prices push higher

Asian markets are mostly lower as oil prices push higher

Shares fell in Asia on Thursday after a decline on Wall Street, where strong economic data revived worries that the Federal Reserve might keep interest rates high for longer than investors had been hoping. Hong Kong’s Hang Seng, which has bounced this week on news about Chinese policy changes for the property sector, declined on … Read more

Asian shares surge after Wall St gains on signs the US jobs market is cooling

Asian shares surge after Wall St gains on signs the US jobs market is cooling

Stocks were higher in Europe and Asia on Monday following a report that signaled the US jobs market, while still healthy, shows some signs of cooling, raising hopes for an easing of interest rate hikes. Germany’s DAX advanced 0.7% to 15,949.69 and the CAC 40 in Paris picked up 0.8% to 7,354.96. In London, the … Read more