Asia markets mostly rise on data-heavy day
Publishing timestamp: 2024-05-31 03:35:46
Summary
Asia-Pacific markets mostly rose on Friday as investors analyzed data from major economies in the region. Japan's industrial output fell in April, while core inflation in Tokyo rose as expected. South Korea's industrial production beat expectations, but China's manufacturing sector unexpectedly contracted. Wall Street closed lower as investors awaited key U.S. inflation data. The S&P 500 is up 4.6% month to date, potentially making it the sixth-best May since 1950.
Sentiment: NEUTRAL
Tickers: .KS11, .N225, AUD=, .DXY, .SZI, .AXJO, @CL.1, JPY=, .SSEC, .HSI, @LCO.1, .IXIC, .SPX, .DJI,
Keywords: world markets, hang seng index, shanghai, usd/jpy, wti crude (mar'23), economic events, kospi index, australia, australian dollar/us dollar fx spot rate, breaking news: asia, prices, shenzhen component index, markets, business news, ice brent crude (apr'23), s&p/asx 200, dxy us dollar currency index, nikkei 225 index, breaking news: markets, asia economy,
Source: https://www.cnbc.com/2024/05/31/asia-markets-set-for-a-mixed-open-on-data-heavy-day-.html