Stock market today: Asian shares mostly higher after rebound on Wall St
Asian shares are mostly higher after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week
By Elaine Kurtenbach
Published - May 26, 2024, 11:30 PM ET
Last Updated - May 27, 2024, 03:54 AM EDT
Asian shares were mostly higher on Monday after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week.
U.S. futures slipped while oil prices advanced.
Tokyo's Nikkei 225 added 0.3% to 38,758.96 and the Kospi in Seoul jumped 0.7% to 2,705.87.
Australia's S&P/ASX 200 surged 0.7% to 2,705.87 and the Shanghai Composite index gained 0.3% to 3,097.86 as the government reported corporate profits rose 4.3% year-on-year in April.
