Asian shares are mostly higher, as global market optimism continued on prospects for AI stocks and the semiconductor sector. Benchmarks rose in early Thursday trading in Tokyo, Seoul, Hong Kong and Shanghai, while slipping in Sydney. Asian regional sentiments received a boost from the overnight performance of Wall Street, which finished just shy of a record. Several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month. The S&P 500 added 0.3%. The Dow Jones Industrial Average fell less than 0.1%, and the Nasdaq composite climbed 0.5%.
...FLOOD WATCH REMAINS IN EFFECT FROM 2 PM PDT THIS AFTERNOON THROUGH
THURSDAY EVENING...
* WHAT...Flash flooding caused by excessive rainfall continues to be
possible.
* WHERE...A portion of western Nevada, including the following area,
Greater Reno-Carson City-Minden Area. This includes the Bug and
Stallion Fires.
* WHEN...From 2 PM PDT this afternoon through Thursday evening.
* IMPACTS...Excessive runoff may result in rock, mud, and debris
flows in and near active fire perimeters, steep terrain, and poorly
drained urban areas.
* ADDITIONAL DETAILS...
- Heavy rain from thunderstorms primarily during the afteroon and
evening hours today and Thursday.
- http://www.weather.gov/safety/flood