Stock market today: Asian shares are mixed, taking hot US inflation data in stride
BANGKOK (AP) — Asian shares were mixed Thursday after U.S. stocks fell on worries that what had seemed like a blip in the battle to bring down inflation may be a troubling trend.
Oil prices edged higher and U.S. futures were flat.
South Korean shares were little changed after the ruling conservative party suffered a crushing defeat in a parliamentary election. The Kospi edged less than 0.1% higher, to 2,708.15.
The results were a huge political blow to President Yoon Suk Yeol, and Prime Minster Han Duck-soo and all Yoon’s senior presidential advisers except those in charge of security issues submitted their resignations Thursday.
Elsewhere in Asia, Tokyo’s Nikkei 225 lost 0.4% to 39,432.61 and the Hang Seng in Hong Kong was down 0.6%, at 17,037.80.
The Shanghai Composite index gained 0.4% to 3,038.68 and the S&P/ASX 200 fell 0.4% to 7,816.00.
Related articles
Red Lobster seeks bankruptcy protection after closing some restaurants
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn2024-05-21NOT REAL NEWS: A look at what didn't happen this week
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of2024-05-21Japanese automaker Honda reports booming profit on sales growth, weak yen
TOKYO (AP) — Honda’s profit for the fiscal year through March jumped 70% as vehicle sales grew and a2024-05-21Ancelotti faces goalkeeper dilemma ahead of Champions League final. Courtois or Lunin?
BARCELONA, Spain (AP) — Real Madrid coach Carlo Ancelotti will give Thibaut Courtois another chance2024-05-21LeBron James UNFOLLOWS Diddy on Instagram after video of assault on ex
LeBron James has unfollowed Sean 'Diddy' Combs on Instagram.The unfollowing was noted by a Lakers fa2024-05-21Mock coffins fill a square in Milan in a protest over workplace safety in Italy
MILAN (AP) — Mock coffins filled one of Milan’s most famous squares Friday in a protest organized by2024-05-21
atest comment