Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Home Local news Asian markets mostly rise following strong performance from major tech stocks on Wall Street
  • Local news

Asian markets mostly rise following strong performance from major tech stocks on Wall Street

    Asian shares mostly gain after big tech rally on Wall Street
    Up next
    After deadly floods, state and federal leaders look for answers
    State and Federal Officials Seek Solutions After Devastating Floods
    Published on 10 July 2025
    Author
    Internewscast
    Tags
    • After,
    • asian,
    • BIG,
    • Business,
    • gain,
    • mostly,
    • rally,
    • Shares,
    • street,
    • Tech,
    • wall,
    • world news
    Share this @internewscast.com
    FacebookXRedditPinterest

    Asian markets mostly advanced on Thursday, driven by a surge in U.S. technology shares that pushed the Nasdaq to a record high, aiding Wall Street in recovering most of its losses from earlier in the week.

    In South Korea, the Kospi increased by 1% to reach 3,164.26, buoyed by the Bank of Korea maintaining its interest rate and a rise in semiconductor stocks following Nvidia’s significant gains overnight on Wall Street.

    Tokyo’s Nikkei 225 fell 0.6 % to 39,583.78, while the Hang Seng in Hong Kong added 0.1% to 23,926.09.

    The Shanghai Composite index rose 0.4% to 3,505.58 while Australia’s S&P/ASX 200 climbed 0.6% to 8,589.70.

    The dollar weakened against the Japanese yen and euro and oil prices dropped.

    On Wednesday, the S&P 500 on Wall Street increased by 0.6%, marking its first gain of the week. The benchmark index remains close to the record it achieved last week after a U.S. jobs report exceeded expectations.

    The Dow Jones Industrial Average added 0.5%. The Nasdaq composite, which is heavily weighted with technology stocks, closed 0.9% higher. The gain was good enough to nudge the index past the record high it set last Thursday.

    Nvidia rose 1.8% and became the first public company to exceed $4 trillion in value after its share price briefly topped $164 each in the early going. Shares in the AI boom poster child were going for around $14 per share at the start of 2023.

    The tech rally came as Wall Street continued to weigh the latest developments in President Donald Trump’s renewed push this week to use threats of higher tariffs on goods imported into the U.S. in hopes of securing new trade agreements with countries around the globe, with the window for negotiations extended to Aug. 1.

    In other dealings on Thursday, benchmark U.S. crude lost 6 cents to $68.32 per barrel. Brent crude, the international standard, shed 8 cents to $70.14 per barrel.

    The dollar was trading at 146.21 Japanese yen, down from 146.26 yen. The euro rose to $1.1736 from $1.1723.

    ___

    AP Business Writer Alex Veiga contributed

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like
    Pennsylvania cracks down on deepfakes, AI impersonation
    • Local news

    Pennsylvania Takes Action Against AI-Generated Deepfake and Imposter Content

    () Pennsylvania Gov. Josh Shapiro signed a new law that defines deepfakes…
    • Internewscast
    • July 14, 2025
    Noem looking at other states for 'Alligator Alcatraz' facilities
    • Local news

    Noem Considers Other States for ‘Alligator Alcatraz’ Facilities

    () With the recent opening of the “Alligator Alcatraz” detention center in…
    • Internewscast
    • July 14, 2025
    BREAKING | 2 people injured during I-20 shooting in Richmond County
    • Local news

    Windsor Shooting Injures Two; Authorities Detain Suspects

    WINDSOR, S.C. ()- UPDATE: 9:22 p.m.- The Aiken County Sheriff’s Office has…
    • Internewscast
    • July 14, 2025
    6-year-old Hampton County boy in hospital after being shot, County sheriff stressing gun safety
    • Local news

    Hampton County Sheriff emphasizes gun safety after 6-year-old boy hospitalized from shooting.

    HAMPTON COUNTY, S.C. () — A 6-year-old boy is still in the…
    • Internewscast
    • July 15, 2025
    Federal employees bracing after Supreme Court greenlights widespread layoffs
    • Local news

    Federal Workers Prepare for Mass Layoffs After Supreme Court Approval

    A Supreme Court decision giving the Trump administration the greenlight to lay…
    • Internewscast
    • July 14, 2025
    4 deaths from flesh eating bacteria in Florida this year
    • Local news

    Four Fatalities in Florida Due to Flesh-Eating Bacteria This Year

    TAMPA, Fla. (WFLA) — Four people have died from a flesh-eating bacteria…
    • Internewscast
    • July 14, 2025
    A man surveys debris and flood damage along the Guadalupe River, Sunday, July 13, 2025, in Kerrville, Texas. (AP Photo/Eric Gay)
    • Local news

    Texas Flood Victim Search to Continue Following Additional Rainfall

    KERRVILLE, Texas (AP) — Crews were scheduled to continue the search on…
    • Internewscast
    • July 14, 2025
    Vols Set Numerous Program Records on Opening Day of 2025 MLB Draft
    • Local news

    Volunteers Break Multiple Program Records on First Day of 2025 MLB Draft

    ATLANTA, Ga. (WJHL) – Major League Baseball (MLB) has setup camp at…
    • Internewscast
    • July 14, 2025
    Storm Team 3: More Heat & Storm Chances for the New Week
    • Local news

    Storm Team 3 Forecast: Rising Temperatures and Increased Storm Probability This Week

    Storms gradually wind down this evening, giving way to a muggy night…
    • Internewscast
    • July 14, 2025
    Andrew Cuomo to run as independent in NYC Mayor's race, with a proposal
    • Local news

    Andrew Cuomo Announces Independent Candidacy for NYC Mayor, Unveils Key Proposal

    () Former New York Governor Andrew Cuomo is expected to announce this…
    • Internewscast
    • July 14, 2025
    Christie says Trump 'benefited' from Epstein conspiracy theories
    • Local news

    Christie Claims Trump Gained from Epstein Conspiracy Theories

    Former New Jersey Gov. Chris Christie (R), an outspoken critic of President…
    • Internewscast
    • July 14, 2025
    Funeral held for Tampa man killed in West Bank
    • Local news

    Tampa Man Laid to Rest After West Bank Tragedy

    A funeral took place on Sunday in the West Bank for a…
    • Internewscast
    • July 14, 2025
    Ongoing trash strike draws pressure from officials as communities struggle with waste build-up
    • US

    Continuous Waste Strike Puts Pressure on Officials as Communities Battle Trash Accumulation

    As the worker strike across multiple states nears its second week, state…
    • Internewscast
    • July 15, 2025
    6-year-old Hampton County boy in hospital after being shot, County sheriff stressing gun safety
    • Local news

    Hampton County Sheriff emphasizes gun safety after 6-year-old boy hospitalized from shooting.

    HAMPTON COUNTY, S.C. () — A 6-year-old boy is still in the…
    • Internewscast
    • July 15, 2025
    Portrait of Captain Sumeet Sabharwal in uniform.
    • US

    What Caused Air India Flight 171’s Fuel Shutdown: Pilot Mistake, Mechanical Failure, or Deliberate Act?

    TO the terrified locals who ducked when Air India Flight 171 narrowly…
    • Internewscast
    • July 15, 2025
    Conor McGregor kisses mystery woman during Florida beach day
    • News

    Conor McGregor Spotted Kissing Unidentified Woman on Florida Beach Day

    Conor McGregor couldn’t keep his hands off of a mystery brunette woman…
    • Internewscast
    • July 15, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.