Asia markets mixed even as Wall Street goes into Thanksgiving with a rally
Publishing timestamp: 2023-11-23 02:43:59
Summary
The article discusses the mixed performance of Asia-Pacific markets after a rally on Wall Street. It mentions specific market movements in Australia, South Korea, Hong Kong, and mainland China. It also discusses the delay of the OPEC+ meeting and the impact on oil prices. Other topics covered include inflation in Singapore, Jack Ma's decision to hold off on trimming his stake in Alibaba, weak business activity in Australia, the hidden opportunity of excessive cash in Asian companies, warnings about slowing earnings, the increasing role of artificial intelligence, and the underperformance of energy stocks in the S&P 500.
Sentiment: MIXED
Tickers: HAL, MDT, .IXIC, .DJI, .HSI, AUD=, .IDX, EOG, ABBV, .SSEC, @CL.1, .DXY, VLO, .SPX, .AXJO, JPY=, ECL, .SZI, .N225, @LCO.1, BKR, .KS11, OXY, .RUT,
Keywords: nikkei 225 index, prices, shenzhen component index, wti crude (mar'23), breaking news: markets, breaking news: asia, asia economy, s&p 400 midcap, world markets, s&p/asx 200, shanghai, kospi index, russell 2000 index, markets, usd/jpy, hang seng index, australian dollar/us dollar fx spot rate, economic events, australia, business news, dxy us dollar currency index, ice brent crude (apr'23),
Source: https://www.cnbc.com/2023/11/23/asia-markets.html