From Yahoo Finance: 2024-03-28 04:03:42

Asian shares were mixed after U.S. stocks hit a record high. Oil prices rose, while U.S. futures dipped. The dollar gained against the yen and yuan, causing concern for regulators in Tokyo and Beijing. The Nikkei 225 and Kospi fell, while Chinese markets rebounded. Merck’s stock rose after approval for a rare disease treatment. Trump Media Group and Robinhood Markets saw gains. Nvidia and GameStop suffered losses. U.S. markets await consumer spending data. The S&P 500 is on track for a fifth straight winning month. Expectations are for the Fed to start cutting interest rates in June. Stock prices perform well when over half the world’s central banks ease interest rates. Oil prices also rose, with U.S. crude reaching $81.73 per barrel and Brent crude at $85.71.



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