Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500’s worse losing streak since the start of the year.
U.S. futures were lower, while oil prices gained.
Tokyo’s Nikkei 225 climbed 0.3% to 38,079.70 and the Hang Seng in Hong Kong gained 1.3% to 16,468.07.
The Shanghai Composite index added 0.6% to 3,089.02.
South Korea’s Kospi led the region’s gains, surging 2.2% to 2,642.02.
In Australia, the S&P/ASX 500 rose 0.4% to 7,638.10.
On Wednesday, the S&P 500 lost 0.6%, to 5,022.21. It’s down 4.4% since setting a record late last month.
The Dow Jones Industrial Average slipped 0.1% to 37,753.31, and the Nasdaq composite sank 1.1% to 15,683.37.
Tech stocks slumped after ASML, a Dutch company that’s a major supplier to the semiconductor industry, reported weaker orders for the start of 2024 than analysts expected. Its stock trading in the United States slumped 7.1%.
Hundreds pay tribute to police officer shot dead 40 years ago from inside Libya's UK embassy
VOX POPULI: The power of old photos and a deficit
New video of 'human bear' waving emerges as expert weighs in with verdict
Coronavirus China update: China's funeral homes overcrowded amid COVID
Jennifer Lopez, 54, is a fresh
China News Jack Ma: Alibaba's founder turns up in Japan as college professor
Boeing tells pilots to check seats after LATAM plane incident
China News Jack Ma: Alibaba's founder turns up in Japan as college professor
Democrats clear path to bring proposed repeal of Arizona’s near
Second dog infected with rare parasite babesia gibsoni
Was Dubai's apocalyptic storm SELF
VOX POPULI: Like Nobita in ‘Doraemon,’ we should never give up on ourselves