Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting

From ABC News: 2024-04-30 02:07:07

Asian shares are mostly up as investors await key reports coming out later in the week. In Japan, the Nikkei 225 rose 1.0%, while Australia’s S&P/ASX 200 gained 0.2%. South Korea’s Kospi also increased by 0.5%. On Wall Street, S&P 500 and Dow Jones rose 0.3% and 0.4%, respectively. Amazon and Apple are among the companies expected to report earnings this week, with positive results likely. The stock market saw a shaky April due to inflation concerns but hopes for a strong job market without overheating inflation. The Federal Reserve’s upcoming policy decision will be highly anticipated.



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