Articles tagged with “asianmarkets

Asian Markets Rise Amid Wall Street Trade War Woes

Asian Markets Rise Amid Wall Street Trade War Woes

Asian shares mostly rose in light Good Friday trading following mixed results on Wall Street. Tokyo's Nikkei 225 gained 0.6%, while South Korea's Kospi rose 0.3%. Taiwan's Taiex jumped 0.8% as Taiwan Semiconductor Manufacturing Co. reported steady profits despite trade war concerns. The Dow Jones Industrial Average fell 1.3% on Thursday, dragged down by a 22.4% plunge in UnitedHealth shares after the insurer cut its financial forecast. Oil stocks rallied as crude prices rebounded, with Diamondback Energy and Halliburton both gaining over 5%. U.S. benchmark crude rose to $64.01 per barrel, while Brent crude climbed to $67.96. Many global markets were closed Friday for Easter holidays. Tech stocks remained cautious amid ongoing trade uncertainties.

6 days agomarkets