5.9k Share this

SINGAPORE — Shares in Japan looked set for a higher start on Thursday, following an overnight bounce on Wall Street after oil prices fell sharply from a recent surge.

The Nikkei futures contract in Chicago was at 25,445 while its counterpart in Osaka was at 25,400. That compared against the Nikkei 225’s last close at 24,717.53.

In Australia, the S&P/ASX 200 climbed 0.36% in morning trade.

Overnight stateside, the S&P 500 gained 2.57% to 4,277.88. The Dow Jones Industrial Average climbed 653.61 points, or 2%, to 33,286.25. The tech-heavy Nasdaq Composite jumped 3.59% to 13,255.55.

Those gains on Wall Street came as oil prices on Wednesday sharply declined, with both international benchmark Brent crude and U.S. crude futures tumbling more than 10%.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 98.003 after a recent decline from around 99.

The Japanese yen traded at 115.90 per dollar, weaker than levels below 115.2 seen against the greenback earlier this week. The Australian dollar was at $0.7311, off lows below $0.726 seen earlier in the week.

Source: DUK News

5.9k Share this
You May Also Like

Australia Reports First Monkeypox Case, a Traveler Returning from Britain

Australian health officials on Friday reported their first confirmed case of monkeypox,…

Russian cruise missile hits Ukrainian chemical plant just yards away from striking fertiliser tanks

Russian cruise missile that hit Ukrainian chemical plant was just yards away…

El Paso Border Sector Leads in Migrant Detentions

The number of migrants detained in the El Paso Sector now surpasses…

Trump-Backed Rep. Budd Leads Dem Challenger in NC Senate Race

Rep. Ted Budd has a narrow lead over the Democrat nominee for…

Rebekah Vardy claims Wagatha Christie row with Coleen Rooney cost her lucrative brand deals

Rebekah Vardy has claimed that the Wagatha Christie row has cost her…

Anthony Albanese to be sworn in as Prime Minister TODAY before going to Tokyo for crucial summit

Anthony Albanese will waste no time getting ‘down to business’ with the…

‘I’m Hopeful’ Kamala Harris Will Be ‘the Next President’

California Gov. Gavin Newsom (D) said Thursday that he is “hopeful” Vice…

PICTURED: Florida sheriff’s deputy charged after he tasered suspect at gas pump setting him ablaze

A Florida sheriff deputy who tasered a motorcyclist as he pumped gas…