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- Global Stocks: Wall Street closes higher despite mixed data - Asian indices mixed
Global Stocks: Wall Street closes higher despite mixed data - Asian indices mixed
The DOW Jones and S&P 500 were trading higher on Wednesday despite mixed U.S. data. The DOW Jones closed at 17,827.75, a gain of +0.07%, the S&P500 was up +0.28% closing at 2,072.83 points. Both indices ended at records. Data showed jobless claims increased by 21,000 to 313,000, the highest since early September, from 292,000 in the prior period. New homes sales were lower than forecast last month. U.S. markets will be closed today for the Thanksgiving holiday.
Hong Kong's Hang Seng is trading -0.43% at 24,009.26. China's Shanghai Composite closed at 2,630.05 points, a gain of +0.99%. Markets are anticipating further loosening monetary policy from the PBOC after cutting interest rates for the first time since 2012.
Japan's Nikkei lost -0.78% closing lower at 17,248.50 points weighed down by the climbing yen sa major export shares suffered and weaker-than-expected U.S. data.
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