Today’s Market News |
Key developments on Wednesday: |
|
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
|
42,233.05 | -154.52 | 0.36%Negative |
|
trading higher
Nasdaq Composite Index
.IXIC |
18,712.75 | +145.56 | 0.78%Positive |
|
trading higher
S&P 500 Index
.SPX |
5,832.92 | +9.40 | 0.16%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
unchanged
Nikkei Index
.N225 |
38,903.68 | — | — |
|
trading higher
Hang Seng Index
.HSI |
20,701.14 | +101.78 | 0.49%Positive |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
80,369.03 | +363.99 | 0.45%Positive |
Alphabet’s stock rallied 4% in extended trade after it topped quarterly revenue expectations, helped by steady growth in its digital advertising business and an AI-driven jump in demand for its cloud services.
Asia
China is considering approving the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the coming years to revive its fragile economy, a fiscal package that would be further bolstered if Donald Trump wins the U.S. election.
The news failed to prevent Chinese stocks from falling 1% on Tuesday, however, as weakness in the energy and property sectors dragged the market lower.
The dollar is on course for its biggest monthly rise in two and a half years, and second biggest in over a decade.
For more news visit Reuters.com
