Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
HONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before.
U.S. futures were mixed and oil prices rose.
Japan’s benchmark Nikkei 225 rose 0.3% to 37,552.16, despite the country’s manufacturing activity contracting for 11 straight months while approaching the break-even point in April.
A purchasing managers survey showed sentiment at 49.9, on a scale of up to 100 where 50 marks the break between expansion and contraction The yen weakened further, hitting a fresh 34-year low of 154.85 early Tuesday.
The Hang Seng in Hong Kong added 1.6% to 16,771.17 while the Shanghai Composite index slipped 0.8% to 3,019.64.
Australia’s S&P/ASX 200 climbed 0.4% to 7,683.50. South Korea’s Kospi dropped 0.2% to 2,624.73.
On Monday, the S&P 500 gained 0.5% to 5,010.60 to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7% to 38,239.98, and the Nasdaq composite jumped 1.1% to 15,451.31.
Related articles
Water begins to flow again in downtown Atlanta after outage that began Friday
ATLANTA (AP) — Water pressure was returning to downtown Atlanta and nearby neighborhoods on Sunday a2024-06-03- NEW YORK (AP) — A baseball agent at Bad Bunny’s Rimas Sports firm has lost his certification with th2024-06-03
Ohtani hits 175th home run in Major League Baseball, tying Matsui for most by a Japan
LOS ANGELES (AP) — Shohei Ohtani hit his 175th home run in Major League Baseball, tying Hideki Matsu2024-06-03- NEW YORK (AP) — The New York Knicks will be at Madison Square Garden to begin the first round of the2024-06-03
Nigel Farage vs Anna Wintour... but why are two Brits being touted as America's ambassador to UK?
Joe Biden and Donald Trump may be chalk and cheese in the race for the White House, but just as disp2024-06-03Democrats Daniels and Figures stress experience ahead of next week's congressional runoff
MOBILE, Ala. (AP) — The two Democrats running for Alabama’s newly redrawn congressional district str2024-06-03
atest comment