Stock market today: Asian stocks are mixed after Dow sets a new record

Stock market today: Asian stocks are mixed after Dow sets a new record

SeattlePI.com

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Asian stocks are mixed as investors grappled with weak economic data from China and waited to see the outcome of a top Communist Party policy meeting in Beijing. U.S. futures rose while oil prices fell. On Monday, the S&P 500 climbed 0.3% but finished just shy of its all-time high set last week. The Dow Jones Industrial Average rose 0.5% to its own record, closing at 40,211.72. The Nasdaq composite added 0.4% to end a bit short of its high. Areas that do best when former President Donald Trump’s chances for re-election look better logged gains. Trump Media & Technology Group, the company behind Trump’s Truth Social platform, soared by nearly a third.

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