Stock market today: Asian shares mixed after Wall Street's lull stretches to a 2nd day

Stock market today: Asian shares mixed after Wall Street's lull stretches to a 2nd day

SeattlePI.com

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Asian shares are mixed after Wall Street’s lull stretched into a second day. China reported better than expected trade figures for April. U.S. futures were slightly lower and oil prices rose. On Wednesday, the S&P 500 closed little changed after a big three-day winning streak gave way to a slight gain the prior day. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite fell 0.2%. Uber Technologies slumped after reporting worse results for the latest quarter than analysts expected. Shopify tumbled after giving a forecast for slowing revenue growth. Lyft and Arista Networks revved higher after topping expectations for profit and revenue. Treasury yields ticked higher in the bond market.

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