BANGKOK (AP) — Asian shares were mixed Wednesday after stocks advanced on Wall Street ahead of an update on U.S. inflation that investors hope will show a…
Asian shares were mixed Wednesday after stocks advanced on Wall Street ahead of an update on U.S. inflation that investors hope will show a smaller increase in pain for everyone.
Hong Kong’s Hang Seng index jumped 0.9% to 18,827.66 and the S&P/ASX 200 in Australia added 0.4% to 7,135.70. In Seoul, the Kospi rose 0.5% to 2,574.72.
Tokyo’s Nikkei 225 dropped 0.8% to 31,943.93 after North Korea launched a long-range ballistic missile toward its eastern waters Wednesday, two days after the North threatened “shocking” consequences to protest what it called provocative U.S. reconnaissance activity near its territory.
The Shanghai Composite index sank 0.8% to 3,196.13. Shares rose in Taiwan but fell in India.
Bangkok’s SET index rose 0.4% after Thailand’s state Election Commission said the top candidate to become the country’s next prime minister, Move Forward Party leader Pita Limjaroenrat, may have violated the election law. It referred his case to the Constitutional Court. The decision Pita could be suspended from his duties as a Member of Parliament pending a ruling bit does not rule out Parliament nominating him to become prime minister.
The futures for the S&P 500 and Dow Jones Industrial Average were little changed. On Tuesday, the S&P 500 rose 0.7%, the Dow gained 0.
