Markets in Australia, mainland China and Hong Kong are closed on Monday for holidays.
Asian shares are mixed in quiet trading ahead of a U.S. Federal Reserve meeting that may yield clues on what lies ahead with its massive support for markets
TOKYO (AP) — Asian shares were mixed in quiet trading Wednesday ahead of a U.S. Federal Reserve meeting that may give clues on what lies ahead with its massive support for markets.
The tech-heavy Nasdaq Composite rose to an all-time high overnight on Wall Street.
The S&P 500 rose nearly 0.5% overnight on Wall Street to a record closing high of 4,239.18.
Multiple key refinance rates held steady today.
Traders positioned for two key events, the release of U.S. inflation data and a European Central Bank decision.
Biotech stocks extended their gains in the week ended June 11, supported by the broader market strength and some stock-specific moves.
Monday's aggressive rally came despite the fears of one firm that investors still aren't appreciating how quickly the Fed could raise rates.
"To The Moon": Rise In Trans-Pacific Spot Rates Is Relentless - And Accelerating
Stocks pulled back modestly Tuesday, as investors awaited the outcome of a Federal Reserve policy meeting. The Dow Jones Industrial Average fell around 94 points, or 0.3%, to close near 34,300, according to preliminary figures, while the S&P 500 lost around 8 points, a decline of 0.2%, to end near 4,247. The Nasdaq Composite gave up around 101 points, or 0.7%, to finish near 14,073. The S&P 500 and Nasdaq closed at records on Monday. A two-day Fed meeting will conclude with a policy...