Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech

SeattlePI.com

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Asia stocks are mostly lower after gains for Big Tech shares helped U.S. stock indexes claw back much of their slide from the day before. Tokyo and Taiwan rose but other markets fell. U.S. futures and oil prices were higher. The S&P 500 rose 0.7% Thursday. The Nasdaq composite jumped 1.7% to set a record. The Dow Jones Industrial Average edged down by less than 0.1%. Apple was the strongest single force pushing the market upward, and Amazon climbed to set a record, topping its prior high set in 2021. In the bond market, Treasury yields were relatively steady following some mixed data on the economy.

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