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2024-10-29 04:42:04

News10NBC on Nostr: Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech ...

Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains
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Asian shares mostly rose on October 29, 2024, following a climb in U.S. stocks driven by gains in Big Tech companies. Japan's Nikkei 225 increased by 0.5% to 38,819.51; Australia's S&P/ASX 200 rose 0.6% to 8,270.20; South Korea's Kospi fell 0.2% to 2,606.70; Hong Kong's Hang Seng edged up 0.4% to 20,690.07; while the Shanghai Composite slipped 0.4% to 3,308.46. U.S. unemployment improved to 2.4%, and the U.S. dollar fell to 152.96 yen. The S&P 500 rose 0.3% to 5,823.52, the Dow Jones increased by 0.6% to 42,387.57, and the Nasdaq composite finished 0.3% higher at 18,567.19. Big Tech stocks like Apple and Meta Platforms led the gains, while oil-and-gas stocks fell due to declining oil prices. Benchmark U.S. crude rose to $67.65 per barrel, while Brent crude reached $71.65. Concerns over Middle East tensions and upcoming U.S. elections added volatility to the markets.

#StockMarket #AsianShares #WallStreet #BigTech #OilPrices #UsEconomy #Elections #FinancialNews #MarketTrends #CurrencyTrading

https://www.whec.com/national-world/stock-market-today-asian-shares-mostly-rise-after-wall-street-climbs-on-big-tech-gains/
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