From Yahoo Finance: 2024-05-20 00:06:42

Asian stocks rose as U.S. indexes hit records. Dow Jones closed above 40,000 for the first time. Oil prices climbed after a helicopter carrying Iranian President Ebrahim Raisi crashed. China’s market extended gains after new support for the property industry. Hang Seng in Hong Kong added 0.5%, Shanghai Composite rose 0.3%. China’s central bank left loan prime rate unchanged. Nikkei 225 in Tokyo surged 1.4%, Australia’s S&P/ASX 200 gained 0.6%. America’s Dow rose 0.3% to 40,003.59. S&P 500 added 0.1%, Nasdaq composite slipped 0.1%. Treasury yields ticked higher with hope for Fed rate cuts. Oil prices steady, dollar rose.



Read more at Yahoo Finance: Asian stocks advance after Wall Street closes out another winning week