Asia stocks rise as U.S. earnings prop up Wall Street, dollar solid [Reuters]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
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Source: Reuters
Asia stocks rise as U.S. earnings prop up Wall Street, dollar solid | Reuters 4 Min Read TOKYO (Reuters) - Asian stocks rose on Thursday as robust corporate earnings helped Wall Street quell concerns about the surge in U.S. bond yields, while the dollar hovered near 3-1/2-month highs against a basket of currencies. MSCI’s broadest index of Asia-Pacific shares outside Japan bounced back from three-week lows plumbed the previous day and gained 0.35 percent. South Korea’s KOSPI climbed 1.2 percent, with tech shares buoyed after Samsung Electronics posted a record quarterly profit. Australian stocks edged up 0.2 percent and Japan’s Nikkei rose 0.7 percent. Shanghai bucked the trend and slipped 0.3 percent. The Dow rose 0.25 percent overnight, ending a five-day losing streak, and the S&P 500 gained 0.18 percent on optimism over a spate of upbeat earnings that managed to offset jitters over rising U.S. bond yields. The spike to a four-year peak above 3 percent in the 10-year U.S. Treasury y
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SMFG
Sec Filings
- 3/27/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/25/24 - Form 6-K
- SMFG's page on the SEC website