Asian markets mixed, with most shuttered for holidays - News Summed Up

Asian markets mixed, with most shuttered for holidays


Asian markets mixed, with most shuttered for holidaysAP, BANGKOKAsian shares were mixed yesterday, with most regional markets closed for holidays, while US futures edged lower after the S&P 500 ended last week above 5,000. Photo: AFPWith Chinese markets closed for the week for the Lunar New Year holiday, there was a dearth of market moving news. Europe’s main stock markets rose at the start of trading yesterday, as investors awaited key economic data releases due this week with the annual earnings seasons nearing an end. On Friday, the S&P 500 rose 0.6 percent, finishing above 5,000 for the first time, at 5,026.61. Profits have mostly been better than expected for the big companies in the S&P 500 this reporting season, which is roughly two-thirds finished.


Source: Taipei Times February 12, 2024 18:40 UTC



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