SHANGHAI - Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs.
The Dow Jones Industrial Average rose 0.52 percent to 26,647.97, the S&P 500 gained 0.91 percent to 2,934.31 and the Nasdaq Composite added 1.35 percent to 8,123.25. Analyst said that alongside better-than-feared corporate earnings, a more supportive policy environment is helping to boost risk appetites.
Oil prices had surged after the United States ended six months of waivers that allowed Iran’s eight biggest buyers, most of them in Asia, to continue importing limited volumes of Iranian oil.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The S&P 500 is on track to close at a record high | Markets InsiderThe S&P 500 and Nasdaq finished at records. M A G A baby
Source: BusinessInsider - 🏆 729. / 51 Read more »
What's moving markets today: Live updatesThe Nasdaq and S&P 500 are on pace for a record close for the first time in seven months Thank you POTUS Obama for leaving us such a robust economy. We couldn’t have done it without you. Breaking news..Netanyahu will name community in Golan for Trump MAGA
Source: CNN - 🏆 4. / 95 Read more »
Dow, S&P 500 and Nasdaq near records but stock-market volumes are the lowest in months — Here’s whyA recent resurgence for stocks after a more than six-month corrective hiatus has many market participants questioning its durability, with trading volumes... Stock market VOLUMES lowest in months. Hmmmm. 🙄only 1%ers have money to blow, to gamble on this sham economy in favor of the wealthy designed by Republicans and libertarian fools.
Source: MarketWatch - 🏆 3. / 97 Read more »
‘I did not expect us to be at all-time highs by April’, says Morgan Stanley’s Wilson as stock market popsStocks in 2019 have thus far befuddled Michael Wilson, with the S&P 500 and Nasdaq Composite breaking out above their closing records in Tuesday trade. No one did expect maybe Tom Lee
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks in Asia set to gain following Wall Street record closing highStocks in Asia were set to gain at the open on Wednesday after the S&P 500 and Nasdaq Composite closed in record high territory overnight on Wall Street.
Source: CNBC - 🏆 12. / 72 Read more »