Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Asian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise.

Teen survivor of stabbing attack in Ponte Vedra throws first pitch at UNF game to bring awareness to domestic violenceA person stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Oct. 23, 2023, in Tokyo. its intention on Saturday to step up its attacks on the Gaza Strip in preparation for the next stage of its war on Hamas. Israel’s military spokesman has urged residents of Gaza City to head south in order to ensure their safety.

Tokyo’s Nikkei 225 index lost 0.8% to 31,007.12 and the Kospi in Seoul lost 0.5% to 2,363.67. Australia’s S&P/ASX 200 sank 1% to 6,837.70.On Friday, Wall Street racked up more losses to close out its worst week in a month. The S&P 500 fell 1.3% for a fourth straight drop to 4,224.16. The Dow sank 0.9% to 33,127.28 and the Nasdaq composite tumbled 1.5% to 12,983.81.

The yield on the 10-year Treasury was hanging within a hair of 5% early Friday morning. It’s been generally catching up to the Federal Reserve’s main interest rate, which is already above 5.25% — its highest level since 2001. Other regional banks were also weaker. Comerica fell 8.5% despite reporting better profit for the summer than expected. Huntington Bancshares sank 3.9% after likewise topping earnings forecasts.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 246. in BE

Belgique Dernières Nouvelles, Belgique Actualités