Asia markets climb across the board after S&P and Nasdaq fall for fourth straight day
Publishing timestamp: 2024-04-18 03:54:49
Summary
Asia-Pacific markets climbed while Wall Street saw losses, tech stocks led the decline. Australia's unemployment rate inched up but was lower than expected. Airline stocks in Asia soared as oil prices fell. Japan and South Korea expressed concerns over currency depreciation. Morgan Stanley and HSBC are cutting investment banking jobs in Asia-Pacific. Analysts have lowered price targets on global stocks ahead of earnings season. U.S. economy showed slight growth, modest price increases, and slight employment gains.
Sentiment: MIXED
Tickers: .RUT, AUD=, MSFT, .SSEC, @LCO.1, 9201.T-JP, QAN-AU, SMH, AAPL, SIAL-SG, .DXY, .DJI, .N225, .NDX, .AXJO, .KS11, @CL.1, 9202.T-JP, .IXIC, NVDA, JPY=, 293-HK, @VX.1, META, .SPX, NFLX, .SZI, KRW=, .HSI,
Keywords: microsoft corp, dxy us dollar currency index, shenzhen component index, australia, breaking news: markets, business news, world markets, s&p 500 index, dow jones industrial average, meta platforms inc, economic events, netflix inc, usd/jpy, apple inc, nvidia corp, wti crude (mar'23), ice brent crude (apr'23), nikkei 225 index, markets, breaking news: asia, australian dollar/us dollar fx spot rate, kospi index, hang seng index, nasdaq composite, shanghai, prices, s&p/asx 200, asia economy,
Source: https://www.cnbc.com/2024/04/18/asia-markets-live-updates-tech-losses-australia-unemployment.html