THE MARKETSTech stocks shrug off oil risk
Stocks were broadly up in Asia today, especially in the tech-heavy South Korea market, as the Dutch semiconductor company ASML reported better-than-expected quarterly results and raised its guidance. U.S. futures are up this morning after the government reported an unexpectedly tame inflation number yesterday. And the price of oil declined, despite the worsening situation in the Gulf.
S&P 500 futures were up 0.22% this morning. The index closed up 0.38% yesterday.
In Europe, the Stoxx 600 was flat in early trading and the U.K.’s FTSE 100 was down 0.11% before lunch.
Asia: South Korea’s KOSPI was up 6.24%. Japan’s Nikkei 225 was up 1.49%. India’s Nifty 50 was flat. China’s CSI 300 was down 0.20%.
