Stock market today: Asian benchmarks mostly slide as investors focus on earnings
Time:2024-04-25 22:39:20 Source:businessViews(143)
TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.”
Japan’s benchmark Nikkei 225 slid 2.1% to 37,670.50. South Korea’s Kospi dropped 1.4% to 2,637.18. Hong Kong’s Hang Seng gained nearly 0.1% to 17,215.51, while the Shanghai Composite was virtually unchanged at 3,044.41.
Trading was closed in Australia for a national holiday, Anzac Day.
Attention is also turning to the Bank of Japan, whose two-day monetary policy meeting started Thursday.
“For the record, heading into tomorrow’s policy decision, exceptional Japanese yen weakness is the agitated elephant in the room for the BOJ,” Tan Jing Yi of Mizuho Bank said in a commentary.
In currency trading, the U.S. dollar rose to 155.67 Japanese yen from 155.31 yen. The euro cost $1.0715, up from $1.0697.
You may also like
- Suri Cruise steps out in stylish sweater and flowing skirt in NYC
- California is rolling out free preschool. That hasn't solved challenges around child care
- Saudi Arabia extends voluntary cut of oil production
- House on the brink of approving Ukraine and Israel aid after long struggle
- Election 2024: Biden campaign embraces TikTok despite President signing law that could ban it
- Chinese carmaker FAW Group reports robust sales in Q1
- Ryan Reynolds says Michael J. Fox helped his late father James 'feel less alone' in his 20
- Letter from China: Exploring the hustle and bustle of south China's border ports
- Tesla driver in deadly Seattle