Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500’s worse losing streak since the start of the year. U.S. futures were lower, while oil prices gained. Tokyo’s Nikkei 225 climbed 0.3% to 38,079.70 and the Hang Seng in Hong Kong gained 1.3% to 16,468.07. The Shanghai Composite index added 0.6% to 3,089.02. South Korea’s Kospi led the region’s gains, surging 2.2% to 2,642.02. In Australia, the S&P/ASX 500 rose 0.4% to 7,638.10. On Wednesday, the S&P 500 lost 0.6%, to 5,022.21. It’s down 4.4% since setting a record late last month. The Dow Jones Industrial Average slipped 0.1% to 37,753.31, and the Nasdaq composite sank 1.1% to 15,683.37. Tech stocks slumped after ASML, a Dutch company that’s a major supplier to the semiconductor industry, reported weaker orders for the start of 2024 than analysts expected. Its stock trading in the United States slumped 7.1%. |
Kesha changes Diddy lyrics in her hit song TiK ToK during Coachella set with Renee RappEmily Ratajkowski bares her toned tummy in a white tube top as she strolls NYC with her dog ColomboAncient tomb unveiled: discoveries from Western Zhou DynastyOverseas hanfu clubs serve as cultural ambassadorsIt's been quite a year for this royal relative, who became a dad, wrote a book inspired by a muchChina launches new remote sensing satelliteGrimes screams on stage after having 'major technical difficulties' during chaotic set at CoachellaMaren Morris defends taking her fourAU officials laud China's support to promote health in Africa2024 Pudong Festival of Culture & Art opens next week