Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting !

Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting

Time:2024-05-21 08:33:37 source:Stellar Spectacle news portal

TOKYO (AP) — Asian shares mostly rose Tuesday, as investors kept their eyes on potentially market-moving reports expected later this week.

Japan’s benchmark Nikkei 225 jumped 1.0% to 38,300.49 in afternoon trading, coming back from a national holiday. Sydney’s S&P/ASX 200 rose 0.2% to 7,655.60. South Korea’s Kospi added 0.5% to 2,700.82. Hong Kong’s Hang Seng edged down 0.2% to 17,709.57, while the Shanghai Composite fell 0.2% to 3,105.64.

On Wall Street, the S&P 500 rose 16.21 points, or 0.3%, to 5,116.17, coming off its best week since November. The Dow Jones Industrial Average added 146.43, or 0.4%, to 38,386.09, and the Nasdaq composite gained 55.18, or 0.3%, to 15,983.08.

About a third of the companies in the S&P 500, including heavyweights Amazon and Apple, will report this week on how much profit they made during the first three months of the year. With roughly half the companies in the index reporting so far, the quarterly results have largely been better than expected.

Related information
  • Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
  • In pics: Guangyang Isle in SW China's Chongqing
  • How Will Xi's Visit to Xiong'an Reshape the Future of the Futuristic City?
  • Scenery of Baiyangdian Lake in Xiongan New Area, N China's Hebei
  • Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
  • A visit to Fuzhou: Don’t miss these sublime historical and cultural sites
  • Exhibition featuring Bronze Age civilizations held in Chengdu
  • Xi Focus: Xi Urges Modernization of Industrial System, High
Recommended content
  • Dodgers acquire pitcher Yohan Ramírez from Mets for cash
  • An Overview of Xi's Diplomacy in Spring 2023
  • Blooming flowers in Beijing
  • First Shangri
  • Strictly star Giovanni Pernice's former partner Rose Ayling
  • Huangguoshu Waterfall transformed into misty wonderland in SW China's Guizhou