Skip to Content

Asian shares rebound; Wall St headed for weekly decline

AP Business Writer

Shares are higher in Asia as investors stepped up buying despite another decline on Wall Street that kept the S&P 500 and the Nasdaq on track for their first weekly losses in three weeks. Shares rose in Tokyo, Hong Kong and other major markets, bouncing back from losses earlier in the week. In New York, technology and health care companies posted the biggest losses, offsetting gains in energy companies and banks. The S&P 500 fell 0.5% and the Nasdaq pulled back 0.3%. The yield on the 10-year Treasury note was steady at 1.31% and U.S. futures were higher. Crude oil prices were little changed after falling Thursday.

Article Topic Follows: AP National News

Jump to comments ↓



ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content