Stockmarket

I was surprise while reading the latest news about the stockmarket, and for this morning here is the fresh news from Manila Bulletin . Philippine time: 4:20 am.



Tokyo’s Nikkei stock average lost 259.59 points, or 3.3 percent, to 7,686.35

Japan’s market caught up with region-wide losses on Wednesday after being closed for a national holiday.

Hong Kong’s Hang Seng lost 359.32 points, or 2.7 percent, to 13,175.65.
South Korea’s Kospi lost 2.3 percent,

Shanghai’s main index was off 2 percent

Taiwan’s benchmark retreated 2.1 percent.

Australia’s key stock measure gained 0.8 percent.


Overnight in New York, the Dow Jones industrial average rose 50.65, or 0.6 percent, to 7,939.53 in a choppy a session as investors digested the flood of news coming from Washington.


Broader stock indicators also rose.

The Standard & Poor’s 500 index rose 6.58, or 0.80 percent, to 833.74,

Nasdaq composite index rose 5.77, or 0.4 percent, to 1,530.50.
US futures were mixed, suggesting investors were still wavering ahead of Wall Street’s open.


Oil prices rebounded slightly after a steep fall overnight, with light, sweet crude for March delivery up 25 cents at $ 36.19 a barrel in Asian trade.

The contract shed $ 1.99 to settle at $ 35.94 a barrel on the New York Mercantile Exchange on Wednesday.