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2024

Stock market today: Asian stocks advance after Wall Street closes out another winning week

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Asian stocks have advanced after U.S. stock indexes drifted near their records on Friday with the Dow Jones Industrial Average finishing above 40,000 for the first time. U.S. futures rose and oil prices climbed as investors focused on the Middle East, where a helicopter carrying Iranian President Ebrahim Raisi and other officials crashed in the mountainous northwest reaches of Iran on Sunday. Chinese shares rose after the government announced fresh measures to support the struggling property sector. The S&P 500, which is much more widely followed on Wall Street, added 0.1%. The Nasdaq composite slipped 0.1%. Treasury yields ticked higher in the bond market.