Us Rally Boosts World Stocks But Tokyo Slumps On Weak Dollar

TOKYO (AP) — Global stocks were mostly higher Thursday, but Tokyo's market slumped over a U.S. Fed statement overnight that reversed the recent trend for a strong dollar, while other markets were cheered by a surge on Wall Street that followed. Japan's benchmark Nikkei 225 slipped 0.4 percent to 19,476.56. South Korea's Kospi added 0.5 percent to 2,037.89 and Hong Kong's Hang Seng jumped 1.5 percent to 24,468.89. The Fed has held its benchmark interest rate close to zero since 2008. Brent crude, a benchmark for international oils used by many U.S.

Topics:  tokyo ap     global   tokyo   u.s fed   wall street   japan   nikkei   south korea's kospi   hong kong's hang seng   the fed   brent   u.s    stocks   dollar   benchmark   percent   

 

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