HONG KONG (AP) — World shares were mixed Friday after Wall Street extended losses driven by heavy selling of technology stocks. The price of bitcoin…
World shares were mixed Friday after Wall Street extended losses driven by heavy selling of technology stocks. .
The price of bitcoin, the world’s largest cryptocurrency, appeared to have stabilized, rebounding from its biggest losses to trade about 7% lower at around $66,000. It briefly sank more than 12% to below $64,000 on Thursday. That’s down from a record of above $124,000 in October.
The future for the S&P 500 was 0.3% higher, while that for the Dow Jones Industrial Average was up 0.1%.
In Europe, the CAC 40 in Paris shed 0.2% to 8,225.09, while Germany’s DAX gained 0.1% to 24,527.18. Britain’s FTSE 100 was little changed at 10,305.51.
Most Asian markets declined, but Tokyo’s Nikkei 225 gained 0.8% to 54,253.68, recovering from losses earlier this week, with technology-related stocks leading gains. SoftBank Group rose 2.2% and chipmaker Tokyo Electron rose 2.6%.
Shares have advanced on expectations that Prime Minister Sanae Takaichi will win a stronger public mandate for her policies in a general election on Sunday.
