Shares are mixed in Asia, with markets in China still closed for Lunar New Year holidays
By ELAINE KURTENBACH AP Business Writer
February 3, 2022, 7:39 AM
• 4 min read
BANGKOK — Shares were mixed in Asia on Thursday as the latest batch of company earnings reports kept investors in a buying mood and pushed benchmarks on Wall Street higher.
Markets in China remained closed for Lunar New Year holidays. Tokyo’s Nikkei 225 index lost 1.1% to 27,241.31 while the S&P/ASX 200 gave up 0.1% to 7,078.00. Seoul’s Kospi climbed 1.7% to 2,707.82, catching up on earlier gains elsewhere after markets in South Korea reopened from holidays.
U.S. futures declined, with the contract for the S&P 500 down 1%. That for the Dow industrials fell 0.1%.
Investors are reviewing the latest round of corporate earnings to gauge the damage that rising costs have had on…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.