Posted 1/18/2024, 6:38:00 AM
Asian Stocks Rise While US Futures Mixed After Earnings Reports
- Asian stocks mostly higher, tracking gains on Wall Street; Japan's Nikkei up 1.4%
- Japan reports slowing inflation rate of 2.6% in December, boosting chance of unchanged ultra-low interest rates
- U.S. futures mixed after S&P 500 rose 0.9% Thursday, recovering some recent losses
- Chip stocks rally as Taiwan Semiconductor forecasts better-than-expected 2024 revenue
- Some financial companies like Discover and KeyCorp fall on weaker-than-expected earnings reports