Asian stocks follow Wall Street higher on bank news

Canada News News

Asian stocks follow Wall Street higher on bank news
Canada Latest News,Canada Headlines
  • 📰 CTVNews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 99%

Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments.

Benchmarks in Tokyo, Sydney and Southeast Asia advanced while Hong Kong declined. Chinese markets were closed for a holiday.

The Nikkei 225 in Tokyo rose 1% to 22,474.65 while Seoul's Kospi gained 1.1% to 2,134.65. Hong Kong's Hang Seng lost 0.8% to 24,579.56. Investors in the United States have been encouraged by official moves to lift anti-virus measures and allow businesses to reopen. But some states have reimposed curbs after a resurgence in new infections.

The Dow Jones Industrial Average rose 1.2% to 25,745.60. The Nasdaq, which hit an all-time high earlier this week, gained 1.1%, to 10,017. On a more encouraging note, orders to American factories for big-ticket goods rebounded last month from a steep pullback in April and March as the economy began to reopen.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CTVNews /  🏆 1. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks skid as new coronavirus cases rattle marketsAsian stocks skid as new coronavirus cases rattle marketsShares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors' hopes for a relatively quick economic turnaround.
Read more »

Global shares mostly lower as coronavirus cases surgeGlobal shares mostly lower as coronavirus cases surgeGlobal shares were mixed Wednesday following another rally on Wall Street, tempered by fears over surging coronavirus cases in various parts of the world.
Read more »

Asian stocks skid as new coronavirus cases rattle marketsAsian stocks skid as new coronavirus cases rattle marketsShares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors' hopes for a relatively quick economic turnaround.
Read more »

S&P/TSX composite down in early trading, U.S. stock markets mixedS&P/TSX composite down in early trading, U.S. stock markets mixedCanada's main stock index was down in early trading, weighed down by broad-based weakness, while U.S. stock markets were mixed.
Read more »

Racist graffiti found in restaurant in downtown Calgary following break-in, suspicious fireRacist graffiti found in restaurant in downtown Calgary following break-in, suspicious fireThe Calgary Police Service and the arson unit continue to investigate a Tuesday morning fire at a restaurant in the downtown core where the walls were vandalized with hateful messages.
Read more »



Render Time: 2025-02-12 13:33:33