Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Stock market today: Asian shares track Wall St's advance fueled by cooler jobs data !

Stock market today: Asian shares track Wall St's advance fueled by cooler jobs data

Time:2024-05-20 06:26:10 source:World Wonders news portal

Asian shares were mostly higher on Monday after Wall Street ended last week with the stock market’s best day in over two months in a rally backed by the cooler-than-expected U.S. employment data.

U.S. futures edged higher and oil prices rose.

The Japanese yen weakened slightly after its value swung from a low of 160.25 to the U.S. dollar to 151.86 late last week following suspected government intervention. The dollar bought 153.93 yen, up from 152.90 yen.

Japanese Finance Minister Shunichi Suzuki told a gathering at the Asian Development Bank’s annual meeting Friday, held in Tiblisi, Georgia, that rapid fluctuations were hurting households and businesses.

The euro rose to $1.0765 from $1.0763.

The Hang Seng in Hong Kong lost 0.2% to 18,447.12 while the Shanghai Composite index rose 0.9% to 3,133.92 as markets reopened after a weeklong holiday. A private sector survey Monday showed the country’s services sector grew at a slower pace in April due to rising costs although new orders rose and business sentiment improved.

Related information
  • Accident in NW China's metro line test leaves 1 dead, 2 injured
  • Polish defense minister fends off criticism after he says he keeps an emergency backpack ready
  • Tragedy for family as 15
  • Intruder tries to break into Drake's house one day after his security guard was shot outside
  • Jury finds Honolulu's former top prosecutor and 5 others not guilty in a federal bribery case
  • I got top grades in my GCSEs
  • Real Madrid 2
  • Labour MP Jess Phillips admits she could LOSE her Birmingham seat if a pro
Recommended content
  • Xi envisages stronger China
  • Tragedy for family as 15
  • 'Killer' father is seen 'crying' without shedding tears as court hears how he tortured six
  • London is set to become 'Manhattan
  • Over 4,000 species affected by wildlife trafficking: UN report
  • Terrifying moment furious driver swings steering wheel lock at motorcyclist in road rage row