Global markets mixed after Wall St rebound led by Big Tech
markets retreated despite a tech-fueled rebound on Wall Street the day before.
Oil prices were higher. The future for the S&P 500 slipped 0.1% while that for Dow Jones Industrial Average edged 0.1% higher.
Germany's DAX advanced 1% to 18,141.43, with Friday data showing the country's inflation rate eased to 2.3% in March, the lowest level since June 2021.
The CAC 40 in Paris gained 1% to 8,105.14. In London, the FTSE 100 climbed 1% to 8,005.91 after the country's gross domestic product increased by 0.1% in February.
In Asian trading, the Nikkei 225 index closed 0.2% higher at 39,523.55, with the dollar standing at 153.28 Japanese yen, nearly matching the 34-year high of 153.32 yen that it reached on Wednesday.
Hong Kong's Hang Seng index declined 2.2% to 16,721.69, and the Shanghai Composite index fell 0.5% to 3,019.47.
«The resilience of Asian equities is noteworthy, especially considering the stronger U.S. dollar and China's ongoing deflationary challenges,» Stephen Innes, managing partner at SPI Asset Management, said in a commentary.
South Korea's Kospi shed 0.9% to 2,681.82 after the Bank of Korea held its benchmark rate unchanged at 3.50%.
Australia's S&P/ASX 200 lost 0.3% to 7,788.10.
On Thursday, the S&P 500 rose 0.7% and the Nasdaq composite charged up by 1.7% to a record 16,442.20. The Dow Jones Industrial Average, which has less of an emphasis on tech, was the laggard. It slipped less than 0.1%.
Apple was the strongest force pushing the market upward, and it climbed 4.3% to trim its loss for the
