{"id":116254,"date":"2021-06-11T01:09:21","date_gmt":"2021-06-11T01:09:21","guid":{"rendered":"https:\/\/fin2me.com\/?p=116254"},"modified":"2021-06-11T01:09:21","modified_gmt":"2021-06-11T01:09:21","slug":"asia-pacific-stocks-mixed-sp-500-sails-to-record-close-on-wall-street","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-sp-500-sails-to-record-close-on-wall-street\/","title":{"rendered":"Asia-Pacific stocks mixed; S&amp;P 500 sails to record close on Wall Street"},"content":{"rendered":"<ul>\n<li>The S&amp;P 500 rose nearly 0.5% overnight on Wall Street to a record closing high of 4,239.18.<\/li>\n<li>U.S. consumer prices jumped 5% in May, the fastest pace since August 2008, the U.S. Labor Department reported Thursday. That was higher than a gain of 4.7% forecasted by economists surveyed by Dow Jones.<\/li>\n<\/ul>\n<p>SINGAPORE \u2014 Shares in Asia-Pacific were mixed in Friday morning trade, following gains overnight on Wall Street that saw the S&amp;P 500 sailing to a record closing high.<\/p>\n<p>The Nikkei 225 in Japan edged 0.16% in early trade while the Topix sat below the flatline. Over in South Korea, the Kospi edged 0.57% higher.<\/p>\n<p>Shares in Australia were muted as the S&amp;P\/ASX 200 traded below the flatline.<\/p>\n<p>MSCI&#x27;s broadest index of Asia-Pacific shares outside Japan traded 0.14% higher.<\/p>\n<table><\/table>\n<h2>S&amp;P 500 rises to record close<\/h2>\n<p>Overnight stateside, the S&amp;P 500 rose nearly 0.5% to a record closing high of 4,239.18. The Dow Jones Industrial Average climbed 19.1 points to 34,466.24 while the Nasdaq Composite gained 0.78% to 14,020.33.<\/p>\n<p>The gains came on the back of the release of a closely-watched U.S. inflation report. U.S. consumer prices jumped 5% in May \u2014 the fastest pace since August 2008 \u2014 the U.S. Labor Department reported Thursday. That was higher than a gain of 4.7% forecasted by economists surveyed by Dow Jones.<\/p>\n<h2>Currencies and oil<\/h2>\n<p>The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.073 after swinging around the 90 level for much of this week.<\/p>\n<p>The Japanese yen traded at 109.37 per dollar, stronger than levels above 109.6 seen against the greenback yesterday. The Australian dollar changed hands at $0.7752, as compared with levels around $0.776 seen earlier in the trading week.<\/p>\n<p>Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures down 0.12% to $72.43 per barrel. U.S. crude futures shed 0.13% to $70.20 per barrel.<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/06\/11\/asia-markets-sp-500-record-close-us-inflation-currencies-oil.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The S&amp;P 500 rose nearly 0.5% overnight on Wall Street to a record closing high of 4,239.18. U.S. consumer prices jumped 5% in May, the [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":116253,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asia-Pacific stocks mixed; S&amp;P 500 sails to record close on Wall Street - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/asia-pacific-stocks-mixed-sp-500-sails-to-record-close-on-wall-street\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia-Pacific stocks mixed; S&amp;P 500 sails to record close on Wall Street - Fin2me\" \/>\n<meta property=\"og:description\" content=\"The S&amp;P 500 rose nearly 0.5% overnight on Wall Street to a record closing high of 4,239.18. 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