Wall Street technology stocks rebounded overnight

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CNBC Pro’s stock selection and investment trends:

Japan’s Nikkei 225 Index rose 1.01%, while the Topix Index rose 1.19%. In South Korea, the Kospi index rose 1.22%.

The Australian stock market also rose, with the Standard & Poor’s/Australian Stock Exchange 200 Index up 0.96%.

The MSCI Asia Pacific’s broadest index outside Japan rose 0.52%.

Overnight in the United States, the Nasdaq Composite Index, which is dominated by technology stocks, rose 0.52% to 15,704.28, while the S&P 500 index rose slightly to 4,649.27. The Dow Jones Industrial Average fell 158.71 points to 35,921.23.

Currency and oil

The U.S. dollar index, which tracks the U.S. dollar against a basket of currencies, jumped from below 94.4 earlier this week at 95.251.

The yen-dollar exchange rate was 114.27, and it worked hard to recover after the exchange rate against the dollar weakened from below 113.5 earlier this week. The Australian dollar traded at $0.7282 against the U.S. dollar, still below the level above $0.738 seen earlier this week.

Oil prices fell during Asian trading hours in early trading, and the international benchmark Brent crude oil futures fell 0.54% to US$82.42 per barrel. US crude oil futures fell 0.51% to US$81.17 per barrel.


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