Japan's stock benchmark soared nearly 4% and other Asian markets surged Thursday after oil prices dropped, easing fears inflation was set to accelerate.
BEIJING — Japan’s stock benchmark soared nearly 4% and other Asian markets surged Thursday after oil prices dropped, easing fears inflation was set to accelerate.
Wall Street’s S&P 500 index rose 2.6% for its biggest daily gain in 12 years as prices swing wildly amid uncertainty about the impact of Russia’s war on Ukraine. “Markets seem to have latched onto a couple of slightly less dismal clues as an excuse to rally hard,” said ING economists in a report. “The basis for that optimism — it’s actually pretty thin.”
Sydney’s S&P/ASX 200 XJO added 1.2%. Benchmark indexes in Singapore STI , Taiwan Y9999 and Malaysia FBMKLCI advanced, while stocks were flat in Indonesia JAKIDX . On Wall Street, the S&P 500 SPX rose to 4,277.88. The Dow Jones Industrial Average DJIA added 2% to 33,286.25 and the Nasdaq composite COMP gained 3.6% to 13,255.55.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Asian shares surge as Russia-Ukraine talks buoy sentimentAsian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia and Ukraine buoyed sentiment, although analysts warned the rally could be susceptible to a sharp reversal as risks remain.
Les mer »
Japan logs biggest current account deficit since 2014 as oil import costs surgeJapan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment income, with continuing uncertainty due to the Ukraine crisis and COVID-19 pandemic.
Les mer »
Asian Stock Market: Drifts lower amid firmer oil, little progress in Ukraine-Russia talksAsian Stock Market: Drifts lower amid firmer oil, little progress in Ukraine-Russia talks By anilpanchal7 Asia RiskAppetite Oil Ukraine Equities
Les mer »
Large invasive Asian spiders could spread along East CoastAn invasive Asian spider species that can grow up to four inches long has found a foothold in backyards across Georgia and is poised to spread north along the East Coast, according to University of Georgia researchers.
Les mer »
How Pixar’s ‘Turning Red’ highlights the complexity of Asian American families“What I hope this film opens up is a conversation for those in the Asian community. When you’re a young person, you’re going to disappoint your parents,” Sandra Oh told NBCAsianAmerica. “It’s natural and you need to find your own way.”
Les mer »