Asian shares mostly rose on Thursday, buoyed by record highs on Wall Street. In Tokyo, the Nikkei 225 increased by 0.4%, while Australia’s S&P/ASX 200 and South Korea’s Kospi also saw gains. Hong Kong’s Hang Seng rose 2.4% following recent volatility. Chinese stocks surged after hopes for government stimulus. Wall Street also saw gains, with the S&P 500 and Dow Jones Industrial Average hitting all-time highs, led by cruise-ship companies benefiting from a strong U.S. job market. KinderCare Learning had a successful debut on the NYSE, but Boeing faced challenges after breaking off labor talks. Alphabet sank after reports of possible antitrust action. In the oil market, Brent crude and U.S. crude rose. Treasury yields have been fluctuating based on expectations of Federal Reserve actions. Currency trading saw a slight decrease in the U.S. dollar against the Japanese yen and a rise against the euro. Overall, markets are watching for China’s potential fiscal stimulus and monitoring the global economic environment.
Source
Photo credit wtop.com
