Stock market today: Japan rises on GDP data; rest of region shaky

Japan's benchmark Nikkei 225 gained 0.8% to finish at 30,093.59. Australia's S&P/ASX 200 dipped 0.5% to 7,199.20, after a better-than-expected wage increase report. The wage price index rose 3.7% year on year. But that could mean an interest rate hike in coming months, according to some analysts.South Korea's Kospi gained 0.6% to 2,494.02. Hong Kong's Hang Seng lost 1.2% to 19,745.68, while the Shanghai Composite slipped 0.4% to 3,277.07.

On Wall Street, the S&P 500 fell 26.38 points, or 0.6%, to 4,109.90. The Dow Jones Industrial Average dropped 336.46, or 1%, to 33,012.14, and the Nasdaq composite slipped 22.16, or 0.2%, to 12,343.05. Manufacturing and other areas of the economy have already cracked under the weight of much higher interest rates meant to bring down inflation.

Treasury yields in the bond market rose following the reports. The yield on the 10-year Treasury climbed to 3.54% Tuesday, from 3.51% late Monday. It helps set rates for mortgages and other important loans.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: World shares mixed after China economic data weaker than expectedEuropean shares were trading mostly higher after a mixed session in Asia following the release of data showing China's economy is weaker than expected, with domestic demand failing to bounce back as much as hoped for after the pandemic.
Fonte: CTVNews - 🏆 1. / 99 Consulte Mais informação »

Toronto is getting an Asian night market this weekendToronto is getting a vibrant Asian night market this weekend and it will be free to attend. Stackt Market's 5-day summer festival is beginning this...
Fonte: blogTO - 🏆 44. / 63 Consulte Mais informação »