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 Dip Despite Wall Street Rally and Prospective Resolution to US Shutdown
  • Local news

Asian Markets Dip Despite Wall Street Rally and Prospective Resolution to US Shutdown

    Asian shares are mostly lower despite Wall St rally and a potential end to the US shutdown
    Up next
    Trump hosts Syria's al-Sharaa for a first-of-its-kind meeting at the White House
    Trump Welcomes Syria’s Al-Sharaa for Unprecedented White House Meeting
    Published on 11 November 2025
    Author
    Internewscast
    Tags
    • and,
    • ARE,
    • asian,
    • Business,
    • despite,
    • end,
    • lower,
    • mostly,
    • potential,
    • rally,
    • Shares,
    • Shutdown,
    • The,
    • U.S. news,
    • wall,
    • Washington news,
    • world news
    Share this @internewscast.com
    FacebookXRedditPinterest


    BANGKOK – On Tuesday, Asian stock markets mostly experienced declines as the recent surge, driven by technology shares, began to wane.

    Investors largely ignored the latest development in the United States, where the Senate passed a bill to end the government shutdown, as markets remained unresponsive.

    U.S. futures saw little movement, while oil prices experienced a slight drop.

    Tech stock prices have been fluctuating amid concerns that their recent surge, fueled by enthusiasm for artificial intelligence, might mirror the unsustainable growth of the 2000 dot-com bubble.

    In Japan, the Nikkei 225 index fell by 0.5%, closing at 50,675.92.

    The U.S. dollar edged up slightly against the Japanese yen, reaching 154.15 yen from 154.14 yen, nearing its highest point since February. This shift is attributed to expectations of delayed plans for reducing Japan’s substantial national debt and increased government spending, which have contributed to the yen’s depreciation.

    The euro inched up to $1.1563 from $1.1557.

    Chinese shares also declined. Hong Kong’s benchmark Hang Seng index fell 0.2% to 26,595.97 and the Shanghai Composite index shed 0.4% to 4,002.06.

    South Korea’s Kospi, recovering from last week’s fell below the 4,000 level, initially rose more than 1% but finished up 0.4% at 4,087.56.

    Australia’s S&P/ASX 200 dropped 0.2% to 8,818.80.

    Taiwan’s Taiex fell 0.3%, while the Sensex in India shed 0.4%.

    On Monday, Big Tech and other superstars of the U.S. stock market got back to rallying, and Wall Street recovered most of its loss from last week.

    The S&P 500 climbed 1.5% to 6,832.43, while the Dow Jones Industrial Average rose 0.8% to 47,368.63.

    The Nasdaq composite rallied 2.3% to 23,527.17.

    Nvidia was by far the strongest force lifting the market and leaped 5.8%. It was a powerful rebound after Nvidia and other winners of the frenzy around artificial-intelligence technology led last week’s drop. Critics say their stock prices shot too high and too fast in the AI mania, drawing comparisons to the 2000 dot-com bubble that ultimately burst.

    Drops for several health insurers helped keep the market’s gains in check. They fell as uncertainty remains about whether Washington will extend expiring health care tax credits, a sticking point on Capitol Hill that’s created the longest-ever shutdown for the U.S. government.

    Elsewhere on Wall Street, Berkshire Hathaway slipped 0.4% as its CEO, famed investor Warren Buffett, warned shareholders that many other companies will fare better in the decades ahead because of Berkshire Hathaway’s massive size. Buffett, 95, is set to step down in January.

    Tyson Foods climbed 2.3% after the seller of chicken, beef and pork reported a stronger profit for the latest quarter than analysts expected.

    Roughly four out of every five companies in the S&P 500 that have so far reported their results for the summer have also topped analysts’ profit expectations, according to FactSet. Companies usually beat analysts’ estimates each quarter, but the pressure was high this time around because they needed to justify the big moves upward for their stock prices since April.

    Delivering bigger profits is one of the easier ways companies can quiet criticism that their stock prices have become too expensive.

    In other dealings early Tuesday, U.S. benchmark crude oil lost 25 cents to $59.88 per barrel. Brent crude, the international standard, shed 25 cents to $63.81 per barrel.

    ___

    AP Business Writers Stan Choe and Matt Ott 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
    European leaders scramble to respond to a US peace plan for Ukraine seen as favoring Russia
    • Local news

    European Leaders React to Controversial US Peace Proposal for Ukraine

    KYIV – This weekend, European leaders are gathering in South Africa, seeking…
    • Internewscast
    • November 22, 2025

    Experience the 29th Annual Speedway in Lights at Bristol Motor Speedway’s Food City Event!

    The holiday spirit has once again taken over Bristol Motor Speedway as…
    • Internewscast
    • November 22, 2025
    St. Cloud raises residential trash pickup fees, plans annual 3% increase to support growth
    • Local news

    St. Cloud Implements 3% Annual Increase in Residential Trash Pickup Fees to Support Community Growth

    ST. CLOUD, Fla. – As of October 1, residents of St. Cloud…
    • Internewscast
    • November 21, 2025
    Beloved Italian singer Ornella Vanoni, whose iconic career spanned 70 years, dies at 91
    • Local news

    Legendary Italian Singer Ornella Vanoni Passes Away at 91, Leaving a 70-Year Legacy in Music

    NICOSIA – Ornella Vanoni, the cherished artist renowned for her seven-decade career…
    • Internewscast
    • November 22, 2025
    Rosalía’s ‘Lux’ enraptures Vatican cardinal and bishops with its songs of faith
    • Local news

    Rosalía’s ‘Lux’: A Musical Revelation That Captivates the Vatican’s Heart

    BARCELONA – In a bold artistic move, Rosalía declared, “Let there be…
    • Internewscast
    • November 22, 2025

    Morning Welcomes Showers and Thunderstorms Across the Region

    As the weekend unfolds, residents should brace for a wet start, with…
    • Internewscast
    • November 22, 2025
    Federal judge orders man held on federal terrorism charge in Chicago train attack
    • Local news

    Federal Judge Detains Man on Terrorism Charge Following Chicago Train Incident

    An alarming incident on a Chicago commuter train has led to federal…
    • Internewscast
    • November 21, 2025
    Trump paints Zelenskyy into a corner with his new plan to end Russia's war on Ukraine
    • Local news

    Trump’s Bold Proposal: Can Zelenskyy Navigate the New Path to Peace in Ukraine?

    WASHINGTON – Former President Donald Trump has unveiled a comprehensive 28-point proposal…
    • Internewscast
    • November 22, 2025
    Rep. Marjorie Taylor Greene of Georgia, former Trump loyalist, says she is resigning from Congress
    • Local news

    Marjorie Taylor Greene’s Shocking Resignation: What It Means for Georgia and Trump’s Legacy

    WASHINGTON – In a surprising turn of events, Georgia’s Representative Marjorie Taylor…
    • Internewscast
    • November 22, 2025

    VSP Launches Investigation in Wise County: What You Need to Know

    APPALACHIA, Va. (WJHL) — In a developing story out of Appalachia, Virginia,…
    • Internewscast
    • November 22, 2025

    Massive 375-Pound Bear Rescued from Gatlinburg Rooftop and Safely Returned to Smokies

    A bear found itself in a precarious situation in Gatlinburg early Friday…
    • Internewscast
    • November 21, 2025
    Comic books once stoked fears of crime, but a California city wants to confront that history
    • Local news

    California City Rewrites Comic Book History: Tackling Past Crime Fears for a Brighter Future

    SACRAMENTO, Calif. – Inside a Sacramento comic shop owned by local resident…
    • Internewscast
    • November 22, 2025
    Bill Maher slams Michelle Obama, says America can elect female POTUS
    • News

    Bill Maher Criticizes Michelle Obama, Asserts Confidence in America’s Readiness for Female President

    Bill Maher recently critiqued Michelle Obama, suggesting she carries a “bad…
    • Internewscast
    • November 22, 2025
    OHL comes down hard Luke Dragusica for slash to opponent's head: Used 'stick as a weapon'
    • US

    OHL Takes Strong Action Against Luke Dragusica for Violent Stick Incident

    In a recent Ontario Hockey League match, one defenseman decided to misuse…
    • Internewscast
    • November 22, 2025
    James Comey's defense is set up for a discovery gold mine
    • Crime

    James Comey Directly Challenges Trump in Legal Motion for Dismissal

    Left: President Donald Trump walks to board Air Force One at Naval…
    • Internewscast
    • November 22, 2025
    England's feeble surrender during an hour of madness risks reopening old scars. Their refusal to adapt to conditions was alarming - we could be in for a long tour, writes LAWRENCE BOOTH
    • Sport

    England’s Struggles Expose Familiar Weaknesses: A Challenging Tour Ahead, Warns Lawrence Booth

    The tide turned dramatically in an hour that not only altered the…
    • Internewscast
    • November 22, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.