Asia-Pacific markets trade mixed as investors parse slew of Japanese data
Publishing timestamp: 2024-05-22 03:20:44
Summary
Asia-Pacific markets closed mixed with mainland China stocks up. Xpeng's shares soared after reporting improved profit margin. Reserve Bank of New Zealand held official cash rate unchanged. Japan's machinery orders and exports showed positive signs. Six AI-related stocks reacted positively to Nvidia's earnings. U.S. stocks closed in green with S&P 500 and Nasdaq Composite at new records. Coffee futures jumped 4.7%.
Sentiment: MIXED
Tickers: .AXJO, .KS11, XPEV, .IXIC, .HSI, .DJI, NZD=, @KC.1, NVDA, 9868-HK, .N225, .SPX,
Keywords: new zealand, australia, markets, breaking news: markets, economic events, south korea, nikkei 225 index, business news, japan, kospi index,
Source: https://www.cnbc.com/2024/05/22/asia-pacific-markets-japan-trade-rbnz-decision.html