Japan's Nikkei closes above 40,000 after Wall Street benchmarks hit record highs; China ‘Two Sessions’ meeting in focus
Publishing timestamp: 2024-03-04 05:05:06
Summary
Nikkei 225 closes above 40000 mark, S&P500 and Nasdaq hit all-time highs. China's "Two Sessions" meetings in focus. Indian and South Korean markets rise. Oil prices rise as OPEC+ extends supply cuts. U.S. tech stocks perform well. South Korea's industrial output falls. Hedge fund manager prefers Nvidia, Meta, Microsoft, and Amazon. Market likely has further room to run according to Citi. Oil prices top $80 barrel for first time in four months. OPEC+ considering extending production cuts.
Sentiment: NEUTRAL
Tickers: 9868-HK, NVDA, .AXJO, .SPX, .KS11, AAPL, .DJI, NTAP, AMZN, @CL.1, JPY=, 1211-HK, .SSEC, GOOG, .SZI, MSFT, TSLA, AUD=, GOOGL, .HSI, .N225, 9866-HK, META, .IXIC, @LCO.1, .DXY, 2015-HK,
Keywords: economic events, shanghai, nasdaq composite, breaking news: markets, asia economy, shenzhen component index, s&p/asx 200, australia, markets, australian dollar/us dollar fx spot rate, hang seng index, dxy us dollar currency index, world markets, kospi index, nikkei 225 index, ice brent crude (apr'23), business news, s&p 500 index, breaking news: asia, prices, usd/jpy, dow jones industrial average, wti crude (mar'23),
Source: https://www.cnbc.com/2024/03/04/asia-markets-live-updates.html