Most Asian markets advance after latest Wall St recordPedestrians walk past an electronic board displaying the numbers of the Tokyo Stock Exchange share price in Tokyo on June 17, 2024. Tokyo stocks opened lower on June 17 as a higher yen and falls in two of the three main US indexes weighed on the market. And one analyst predicted it could even hit $5 trillion in the coming year, according to Bloomberg News. The rally on Wall Street spilled over into Asia, with tech firms among the big winners. "The data clearly reflects a shift in US consumer behaviour, which is becoming more conservative, feeling the pinch from higher interest rates, curbing wage increases and a depletion of savings," said Rodrigo Catril of National Australia Bank.

Source: Philippine Star June 19, 2024 08:08 UTC