News Formal

Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Asian markets have declined following a mixed session on Wall Street, where buying was pressured by rising bond yields.

FILE - A pedestrian passes by the Hong Kong Stock Exchange electronic screen in Hong Kong on July 21, 2023. Stocks mostly slipped in mixed trading Monday, Oct. 2, as the constrictor of higher interest rates tightened its coils around Wall Street. – Asian markets declined Tuesday following a mixed session on Wall Street, where buying was pressured by rising bond yields.Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property shares.

Prices have pulled back after charging higher from $70 in the summer. A barrel of U.S. crude fell $1.97 on Monday to settle at $88.82. “So, investors were on the fence, carefully considering the relationship between economic growth and interest rates and what actions the Federal Reserve might take in response to these factors,” Stephen Innes of SPI Asset Management said in a commentary.

The overall U.S. economy has so far been holding up, defying predictions that it would have fallen into a recession by now.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 246. in BR

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: Asian shares mixed as Japan business confidence rises and US shutdown is avertedAsian shares are mostly higher in thin trading with many markets closed for holidays. Japan's Nikkei 225 index advanced after a central bank survey showed business confidence on the rise.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is avertedAsian shares are mostly higher in thin trading with many markets closed for holidays.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is avertedAsian shares are mostly higher in thin trading with many markets closed for holidays.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »