
Asian Shares Face Cautious Start as Rally Pauses: Markets Wrap
Asian equities may struggle for direction when trading opens on Thursday, tracking a flat session on Wall Street with traders assessing simmering economic and geopolitical risks.
Equity index futures for Hong Kong and Australia fell while those for Japan were little changed. Contracts for US stocks opened flat in Asian trading after the S&P 500 ended Wednesday unchanged. The Nasdaq 100 rose 0.2%, helped along by a record high for Nvidia Corp. shares. Micron Technology Inc. shares rose in after-market trading following an upbeat forecast.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
32 minutes ago
- Bloomberg
What We Know About a Hong Kong TCM Stock That Spiked 82,000%
In this week's Hong Kong Edition, we break down what we know about a TCM company and its dizzying stock surge, take a look at the HKMA's dollar defense and check in with Bloomberg's Mishal Husain. We also review a buzzy new Thai restaurant by the team behind Trattoria Felino. To subscribe to this weekly newsletter for free, click here.


Business Insider
35 minutes ago
- Business Insider
Stock Futures Flat as S&P 500 (SPX) Eyes All-Time High
U.S. stock futures held steady Wednesday night, with the S&P 500 (SPX) staying close to its record high. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were up 0.05%, 0.01%, and 0.01%, respectively, at 8:39 p.m. EST, June 25. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter On Wednesday, the S&P 500 ended with a gain of less than 0.01%, the Nasdaq 100 edged up 0.21%, while the Dow Jones slipped about 0.3%. Despite the mixed session, all three indexes remain on track for a positive week, with the S&P 500 still less than 1% below its February peak. Meanwhile, tensions in the Middle East have eased as Israel and Iran agreed to a truce. However, Trump cautioned that fighting could resume 'soon,' even though he believes that scenario is unlikely.


CNBC
38 minutes ago
- CNBC
Hong Kong's IPO market is on fire; these 3 factors are driving the boom: HSBC
Beijing is keen to support some Hong Kong-listed red chip companies to list in the mainland, Steven Sun from HSBC Qianhai Securities says valuation gap between A and H shares as well as regulatory considerations are some key factors behind companies' listing plans.