From Nasdaq: 2024-06-10 03:42:12

Most Asian stocks ended lower due to holidays in China, Hong Kong, and Australia. In Japan, the Nikkei rose 0.92% after data showed a smaller economic contraction than initially reported. Stronger domestic yields boosted financials like Mitsubishi UFJ Financial and Sumitomo Mitsui Financial, while exporters like Honda and Toyota saw gains due to a weaker yen. Sharp surged 6.3% on SoftBank’s AI data center news. New Zealand’s S&P/NZX-50 dropped 0.58%. In the US, stocks fell as a strong jobs report raised doubts about potential interest rate cuts this year.



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