Stock Market Today: Asian Shares Advance After Inflation Data Drives a Rally on Wall Street
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.2% to 38,532.18.
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading. It had been up at its highest level in more than a year, serving as a headwind for stocks.
Stock market today: Indexes tick higher as producer inflation comes in cool
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday showed wholesale inflation rose 0.2% in December on a monthly basis, compared to an estimated 0.4% increase. The reading climbed 3.3% from a year ago, below the projected 3.5% gain.
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
Stock Market Today: Dow Industrials Jump after Inflation Data; Banks Post Strong Earnings
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Stock market today: Asian shares trade mixed after drops for Big Tech leave Wall Street mixed
Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.
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Asian Stocks Gain After US Core Inflation Cools: Markets Wrap
Shares in Asia followed Wall Street higher Thursday as easing US core inflation kept alive the prospect of Federal Reserve rate cuts this year.
Stock market today: Asian stocks mixed ahead of US inflation data
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Asian Stocks Follow Wall St Higher On Welcome US Inflation Data
Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.
Asian markets mirror Wall Street gains after lower-than-expected U.S. inflation reading
Asian shares mostly rose Thursday, following Wednesday's rally on Wall Street, marking the biggest daily gains in over two months, driven by lower-than-expected core inflation data. Japan's benchmark Nikkei 225 (NKY:IND) added marginal gains,
Asian Stocks Cautiously Higher Amid US Inflation Data Anticipation
Asian stocks edged higher on Wednesday, mirroring Wall Streets overnight gains, but investor caution ahead of U.S. inflation data kept advances muted. Market participants closely monitor the Consumer Price Index (CPI)
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