Stock market today: Asian shares are mixed, taking hot US inflation data in stride
Time:2024-05-08 16:47:02 Source:entertainmentViews(143)
BANGKOK (AP) — Asian shares were mixed Thursday after U.S. stocks fell on worries that what had seemed like a blip in the battle to bring down inflation may be a troubling trend.
Oil prices edged higher and U.S. futures were flat.
South Korean shares were little changed after the ruling conservative party suffered a crushing defeat in a parliamentary election. The Kospi edged less than 0.1% higher, to 2,708.15.
The results were a huge political blow to President Yoon Suk Yeol, and Prime Minster Han Duck-soo and all Yoon’s senior presidential advisers except those in charge of security issues submitted their resignations Thursday.
Elsewhere in Asia, Tokyo’s Nikkei 225 lost 0.4% to 39,432.61 and the Hang Seng in Hong Kong was down 0.6%, at 17,037.80.
The Shanghai Composite index gained 0.4% to 3,038.68 and the S&P/ASX 200 fell 0.4% to 7,816.00.
Previous:Rain cheque: The Singapore hotel that will pay YOU if there's a downpour
Next:From flooding in Brazil and Houston to brutal heat in Asia, extreme weather seems nearly everywhere
You may also like
- Report says Chiefs' Rashee Rice suspected of assault weeks after arrest over high
- Mom shares horrifying photo of 20 hidden blood clots removed from her leg
- The world's BUSIEST airports revealed: Inside the 10 most packed aviation centers across the globe
- Tesla execs Drew Baglino and Rohan Patel among those leaving company in bloodbath lay
- Fans are following Taylor Swift to Europe after finding Eras Tour tickets less costly there
- Singapore's outgoing prime minister will stay on as senior minister, his successor says
- Chongqing springs to life on summer nights
- Messi sustains leg injury in Inter Miami win
- Woman, 31, was left 'burning from the inside out' in 17