Tag: wall st

Asian markets track Wall Street records as energy firms rally

HONG KONG, China (AFP) —  Asian markets mostly rose on Wednesday, led by energy giants on the back of rising commodity prices, while traders were also buoyed by strong earnings and positive economic data that saw Wall Street rack up fresh records. Improving demand and the weakening dollar helped fuel a jump in copper prices to five-month peaks, while oil has also been boosted by a report pointing to lower United States stockpiles. Both crude […]

Tokyo stocks down by break despite Wall St. record close

TOKYO, Japan (AFP) — Tokyo stocks drifted lower Thursday morning, despite another record close on Wall Street after the Fed decided to hike interest rates, as a pick up in the yen hit electronics firms. The benchmark Nikkei 225 index fell 0.43 percent, or 86.06 points, to 19,797.46 by the lunch break while the Topix index of all first-section issues lost 0.40 percent, or 6.42 points, to end the morning at 1,585.35. © Agence France-Presse