Asian shares mostly rise as investors look to earnings and inflation signs

From Yahoo Finance: 2024-04-08 02:36:45

Asian shares rose as investors await key earnings reports and the U.S. consumer price index. Japan’s Nikkei 225 and Sydney’s S&P/ASX 200 both gained. The U.S. released a strong March job report, leading to a Wall Street rally. The S&P 500 rose 1.1%, Dow Jones rose 0.8%, and Nasdaq gained 1.2%. Strong employment data fueled concerns about inflation, with Treasury yields rising. Benchmark U.S. crude fell, while the dollar strengthened against the yen. Economic recovery, energy consumption, and political tensions continue to impact prices.



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