Stock market today: Asian shares are mostly higher after another set of Wall St records
abcnews.go.comAsian shares have ended mostly higher in quiet, Good Friday holiday trading and European and U.S. markets were closed
BANGKOK — 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.
The U.S. stock market has been on a nearly unstoppable run since late October, and the S&P 500 just capped its fifth straight winning month. It has leaped as the U.S. economy has remained remarkably solid despite high interest rates meant to get inflation under control.
And with
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