Reported 4 months ago
Asian shares were mostly lower after a mixed session on Wall Street, with Tokyo, Seoul, Sydney, and Hong Kong seeing declines while Shanghai rose. Mainland Chinese markets were boosted by city government support for the property market. Oil prices also increased. On Wall Street, most U.S. stocks fell, with the S&P 500 edging slightly higher and the Nasdaq reaching a new all-time high. Notable stock movements included Nvidia's 7% increase and GameStop's 25.2% jump after a cash raise. The rise in Treasury yields and U.S. consumer confidence data influenced market sentiments.
Source: YAHOO