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Miners rise 3.3%, but down for seventh week Tech stocks rebound; WiseTech jumps 9% Banks ease after Thursday's rally (Updates to close) By Nichiket Sunil and Shravya Marakini Oct 16 (Reuters) — Australian shares posted their highest close in 5 weeks on Friday, as easing concerns over a global equity selloff sparked buy
The TAIEX, Taiwan’s benchmark stock index, rose 518 points, or 1.1%, to 47,488 around noon on Friday, rebounding after falling in the previous session and touching its lowest level since September 17, a day earlier. The rebound tracked gains in Asian market peers, following an upbeat session on Wall Street overnight as
Asian equities recouped some losses, mirroring gains in the U.S., after a technology selloff driven by concerns about AI spending.
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 1142 GMT - Burberry should continue to benefit from its strategic turnaround, but it isn't insulated from the broader sector context, AlphaValue's Jie Zhang says in a note. The British luxury group has showed enc
Most regional currencies are set for monthly losses, with the rupiah down 0.9% in September and the Thai baht and Malaysian ringgit down more than 1.3%. Regional stock markets were mixed, while Thailand shares were on course for their steepest one-day drop since June.
Most regional currencies were subdued and set for monthly losses as higher U.S. yields and a firm dollar weighed on sentiment. The rupiah recovered after Bank Indonesia said it would intervene in the spot market when needed.
South Korean and Taiwanese stocks led gains in Asian equities on Tuesday, as investors returned to AI-linked trades following an overnight rally in US chipmakers and technology stocks. The MSCI EM Asia equities index gained 1.7%, hitting its highest since September 8.
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
The S&P 500 suffered its steepest one-day decline in a month on Thursday as surging oil prices and earnings from Tesla Inc. (NASDAQ: TSLA ) and Alphabet Inc. (NASDAQ: GOOGL ) (NASDAQ: GOOG ) rattled investors, but Polymarket traders are betting the benchmark index will rebound at Friday’s open. The S&P 500 closed down
Asian technology stocks rebound after global selloff, with Samsung jumping 9% and European chip stocks steady
Asian technology stocks rebound after global rout, with Samsung rising 9% and other tech stocks mixed
Asian technology stocks trade mixed as Samsung rebounds, but chip shares remain under pressure after global selloff