financial news

Hong Kong stocks fall for second day as Nikkei 225 declines

Stocks in the Asia-Pacific region dropped Tuesday, Jan. 31, with the Hong Kong market declining for the second day. Hong Kong stocks weakened, with the Hang Seng Index HK:HSI down 1.0% at 21,842.33, while the Nikkei 225 Index JP:NIK of Japanese companies dropped 0.4% to 27,327.11. The Shanghai Composite Index CN:SHCOMP of Chinese companies weakened …

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Asian markets mostly rise, as weak yen boosts Japan’s Nikkei

TOKYO — Asian shares were mostly higher Wednesday, boosted by a rally on Wall Street that came ahead of some potentially market-moving reports due later in the week. The weak yen also piqued buying sentiment in Japan, as that boosts the earnings of the nation’s exporters when converting overseas profits into yen. Japan’s benchmark Nikkei …

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US stocks close sharply higher in year-end rally after jobless claims data deemed ‘welcome news for the Fed’

US stock indexes finished sharply higher on Thursday, the second-to-last trading session of the year, with the Nasdaq Composite jumping 2.6%, erasing losses from earlier in the week. The three main indexes built on premarket gains after US weekly jobless claims data showed the number of workers receiving benefits has climbed to the highest level …

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