Stock market today: Asian shares track Wall Street rally, Tokyo's benchmark at 33-year high

Stock market today: Asian shares track Wall Street rally, Tokyo's benchmark at 33-year high

SeattlePI.com

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Shares have pushed higher in Asia after a broad-based rally on Wall Street. Tokyo, Hong Kong, Shanghai and Sydney all logged moderate gains. Japan's central bank kept its monetary policy unchanged. U.S. futures were little changed and oil prices edged higher after gaining more than 3% on Thursday. Also Thursday, the S&P 500 notched the biggest gain yet in its winning streak, climbing 1.2%. The Dow was up 1.3% and the Nasdaq gained 1.1%. Treasury yields fell after mixed reports on retail sales, manufacturing and unemployment claims raised hopes the Federal Reserve may hike interest rates only once more this year. The S&P 500’s gain was its sixth straight, its longest winning streak since 2021.

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