A currency trader reacts near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 19, 2024. Currency traders work near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S.
The Shanghai Composite index shed 0.9% to 3,305.09, while Hong Kong’s Hang Seng dipped and then recovered slightly, edging less than 0.1% higher 19,588.10. Investors have been bracing for some potential downsides of Trump’s reshaping of the economy. Moderna rose 7.2% on Monday but is still down since word came out that Trump wants Robert F. Kennedy Jr., a prominentunder Trump have also sent Treasury yields upward in the bond market. That could tie the Federal Reserve’s hands, when the central bank is trying to lower interest rates to ease the brakes off the economy and keep the job market humming.
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