Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.5% to 38,635.25. Bank of Japan data showed wholesale prices in Japan rose 3.
The Nikkei stock index rose Thursday morning, tracking a Wall Street rally after U.S. data eased concerns over a resurgence of inflat
World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts.
Wall Street's best day of the year so far was rooted in inflation relief and a boom in bank stocks reporting bumper earnings, with a retail readout up next on Thursday. After Tuesday's sub-forecast producer price data,
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Japan's Nikkei 225 futures pointed to a lower open for the market as trading resumed after a holiday, with the futures contract in Chicago at 38,870 while its counterpart in Osaka last traded at 38,770 compared to the index's Friday close of 39,190.4.
ASIAN markets extended a global rally on Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. Read more at The Business Times.
MSCI's gauge of stocks across the globe rose 2.38 points, or 0.28%, to 849.68. Earlier, Europe's STOXX 600 index closed up 0.98%, with luxury stocks boosted after Cartier jewelry owner Richemont's results exceeded analysts' expectations.
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Markets are mixed before the opening bell on a busy Thursday that will bring the latest government report on retail sales, weekly applications for unemployment benefits, and a slew of corporate earnings reports.
Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.5% to 38,635.25. Bank of Japan data showed wholesale prices in Japan rose 3.8% in December last year ...
FILE - A person looks at an electronic stock board showing Japan's Nikkei index at a securities ... fell to 4.26% from 4.37%. On Wall Street, bank stocks helped lead the way after several reported ...