NEW YORK (AP) — Wall Street closed out another volatile week of trading with a broad rally Friday, though it wasn't nearly enough to keep the market from its sixth straight weekly drop, the longest such streak since 2011.
Asian shares bounced back Friday from losses earlier in the week, shrugging off data showing U.S. wholesale prices soared 11% in April from a year earlier.
The regional rally followed a mixed and muted close on Wall Street.
Shares fell in Asia on Thursday after the release of worse inflation data than expected sparked heavy selling of technology stocks on Wall Street.
Hong Kong’s benchmark dipped 1.5% in early trading following the arrests of several prominent democracy advocates, including a retired Roman Catholic cardinal.
Shares were mixed in Asia on Wednesday with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street.
Hong Kong's Hang Seng rose 1.1% to 19,853.66 and the Shanghai Composite index climbed 1.4% to 3,079.40.
BEIJING (AP) — Asian stocks followed Wall Street lower Tuesday as fears increased that U.S. rate hikes to fight inflation might stall economic growth.
Market benchmarks in Tokyo, Hong Kong, Seoul and Sydney fell.
NEW YORK (AP) — A turbulent week on Wall Street ended Friday with more losses and the stock market's fifth straight weekly decline.
The latest pullback came as investors balanced a strong U.S.
BEIJING (AP) — Asian stocks followed Wall Street lower Friday as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth.
BEIJING (AP) — Asian stock markets followed Wall Street higher on Thursday after the Federal Reserve chairman downplayed the likelihood of bigger rate hikes following the U.S. central bank's biggest increase in two decades.
Shares were mostly lower in Asia on Wednesday, with markets in China, Japan and some other markets still closed for holidays.
Hong Kong and Seoul fell more than 1% and oil prices were higher.
Asian shares are mixed in light “Golden Week” trading with markets in China, Japan and some other countries closed for holidays.
Investors are watching to see what the U.S.
The Dow Jones Industrial Average slumped more than 900 points Friday as another sharp sell-off led by technology stocks added to Wall Street's losses in April, leaving the S&P 500 with its biggest monthly skid since the start of the pandemic.
Stocks were mostly higher in Asia on Friday after a rally on Wall Street led by technology companies.
U.S. futures and oil prices were mixed as investors await signals on Chinese economic policy from a meeting of the ruling Communist Party's powerful Politburo.
Asian shares logged moderate gains on Thursday after Wall Street stabilized following a sell-off in tech stocks the day before.
Tokyo’s Nikkei 225 rose 1% to 26,642.88 after the Bank of Japan wrapped up a policy meeting with no major changes, maintaining its near-zero interest rate stance despite a sharp weakening of the yen against the dollar and rising costs for many imported commodities.
TOKYO (AP) — Asian shares retreated on Wednesday, echoing a broad decline on Wall Street and driven by worries about how the war in Ukraine may push prices for oil and other commodities higher.
Tokyo's benchmark rose after Prime Minister Fumio Kishida announced measures to help poor families and small businesses as the nation copes with rising prices and a weakening currency.
Asian shares were mostly higher Tuesday after U.S. stocks stormed back from sharp losses to log strong gains.
Tokyo, Hong Kong, Seoul and Shanghai advanced while Sydney declined. Oil prices rose and U.S.
NEW YORK (AP) — Stocks tumbled on Wall Street Friday, leaving the S&P 500 with its biggest one-day loss in almost seven weeks, as worries deepen about a surge in interest rates and the U.S. central bank’s efforts to fight inflation.
TOKYO (AP) — Asian shares fell Friday, tracking losses on Wall Street after Federal Reserve Chair Jerome Powell indicated increases in interest rates must be faster to fight inflation.
Major indexes cascaded downward in Asia, with the drop pronounced at nearly 2% in Tokyo.