Reported 12 months ago
Asian shares mostly gained as Tesla surged over 10%, driving U.S. benchmarks to new records. Japan's Nikkei rose 0.9% to 40,425.27, Australia's S&P/ASX 200 increased by nearly 0.3%, and South Korea's Kospi edged up by almost 0.1%. Hong Kong's Hang Seng rose 0.9%, while the Shanghai Composite dipped 0.3%. Investors were optimistic about a potential U.S. interest rate cut. On Wall Street, the S&P 500, Dow Jones, and Nasdaq reached new highs, with Tesla leading the surge after reporting better-than-expected sales, while Apple saw a 1.6% gain. The market reacted positively to comments from the Federal Reserve hinting at possible interest rate cuts later in the year. Traders are awaiting Friday's U.S. jobs report and markets will have shortened trading days around the Fourth of July holiday.
Source: YAHOO