Asian stocks extended their gains into a third day, tracking advances on Wall Street as weak US consumer data lifted bets on a Federal Reserve interest-rate cut next month. Gauges in Japan, South Korea and Australia all rose at the open after the S&P 500 Index rose 0.9% and the Nasdaq 100 climbed 0.6%. Chinese…
Asian stocks tumbled after turbulence on Wall Street, where a brief Nvidia Corp.-led rally quickly faded and investors pulled back from riskier assets such as cryptocurrencies. Equities opened lower in Japan, South Korea and Australia, after Wall Street benchmarks erased earlier gains and tumbled, led by technology stocks. The sharp reversal came as lingering concerns…
Asian shares started the week on a cautious note as investors braced for a barrage of US economic data amid lingering uncertainty over the Federal Reserve’s policy path. Japan edged lower along with Australia, while South Korean equities rose. US equity-index futures edged up. The yen held steady after Japan’s economy contracted for the first…
Asian stocks opened lower Tuesday, diverging from Wall Street gains after Amazon.com Inc.’s $38 billion deal with OpenAI had reignited enthusiasm for artificial intelligence shares. Stocks opened lower in South Korea and Japan, where traders returned after a long weekend. Australian shares fell ahead of a central bank rate decision where policymakers are expected to…
Asian stocks struggled for direction after Federal Reserve Chair Jerome Powell cautioned about further interest-rate reductions, saying a cut in December isn’t a foregone conclusion. A gauge tracking the region’s stocks was little changed Thursday while South Korean shares gained after striking a trade deal with the US. Contracts for US indexes swung in between…
Asian stocks opened higher, buoyed by Wall Street optimism that artificial intelligence will keep fueling profits at major technology firms and growing bets of a Federal Reserve interest-rate cut. Shares in Japan and South Korea rose, while Hong Kong is closed for a public holiday on Wednesday. The S&P 500 closed slightly up, while a…