Asia-Pacific markets mostly rise as investors await key economic readings; Australia hits record closing high
Publishing timestamp: 2024-12-02 02:17:31
Summary
Asia-Pacific markets mostly higher as data-heavy week kicks off. China's manufacturing PMI beats expectations. Australia's retail sales rise. South Korea's exports slow. U.S. stocks hit new highs. Indonesia's inflation falls. Adani Group investor GQG Partners downgraded. China's new home prices accelerate. India automaker unveils new electric vehicles. S&P 500 on track for best year since 2021. U.S. stocks surge under promises of more deregulation. Market may reach peak before Trump's inauguration. S&P 500 index futures expected to reach 6300 by New Year's.
Sentiment: MIXED
Tickers: .IXIC, .DXY, JPY=, LRCX, NVDA, ADANIENT-IN, .SZI, .KS11, .HSI, .SSEC, @CL.1, AUD=, .N225, .AXJO, ARM, .SPX, .DJI, @LCO.1,
Keywords: nasdaq composite, australian dollar/us dollar fx spot rate, ice brent crude (apr'23), australia, hang seng index, usd/jpy, nvidia corp, wti crude (mar'23), dxy us dollar currency index, breaking news: markets, shanghai, kospi index, s&p/asx 200, s&p 500 index, dow jones industrial average, prices, arm holdings plc, economic events, business news, asia economy, china, shenzhen component index, world markets, nikkei 225 index, breaking news: asia, markets,
Source: https://www.cnbc.com/2024/12/02/asia-markets.html