- Most Asian stocks rose after a Wall Street rally, but slumps in Amazon.com Inc. and Apple Inc. in late trading dampened some of the optimism and left US equity futures in the red.
- An Asia-Pacific stock index rose, aided by South Korea, while China and Hong Kong fluctuated. Contracts on the S&P 500 and the technology-heavy Nasdaq 100 fell, but only to session lows. Japan is closed for a holiday.
- Amazon forecasted sluggish sales growth, while Apple warned of supply constraints. Amazon, the world's largest e-commerce company, fell 9% in extended trading, while Apple fell 2%. That partly obscured the S&P 500's best daily gain since early March.
- The yen recovered some of its losses while remaining near 20-year lows. The dollar fell, but it is on track for its best week since 2021, as investors remain cautious and the Federal Reserve prepares for sharp interest-rate hikes to slow inflation.
- Oil was trading near $105 a barrel as traders assessed the possibility of a European Union ban on Russian crude in retaliation for Ukraine's invasion.
