Asian shares are mostly higher after another set of Wall St records
Business
Asian shares are mostly higher after another set of Wall St records
BANGKOK (AP) — Asian shares ended mostly higher in quiet, Good Friday holiday trading, while European and U.S. markets were closed.
Tokyo’s Nikkei 225 rose 0.5% to 40,369.44 and the Kospi in Seoul was little changed, at 2,748.55. The Shanghai Composite index gained 1% to 3,041.17.
Taiwan’s Taiex advanced 0.7%. In Bangkok, the SET added 0.5%.
India’s markets were closed for Holi.
The U.S. dollar slipped to 151.35 Japanese yen from 151.38 yen. The euro edged lower, to $1.0774 from $1.0790.
On Thursday, the S&P 500 added 0.1%, to its all-time high set a day before and closed at 5,254.35. It gained 10.2% in the first quarter.
The Dow Jones Industrial Average ticked up 0.1% to 39,807.37 and likewise set a record. The Nasdaq composite dipped 0.1% to 16,379.46.
Chemours fell 9.1% despite reporting better results for the latest quarter than analysts expected. It gave a forecast for earnings before taxes and other items in the current quarter that was below analysts’ expectations.
Also on the losing end was Trump Media & Technology Group. The company behind former President Donald Trump’s Truth Social fell 6.4% after soaring more than 14% in each of the past two days. Its stock has shot well beyond what critics say is reasonable for the money-losing company, driven by fans of Trump and investors hoping to cash in on the mania.
