Investing.com-- Most Asian stocks pared early losses and rose on Thursday, although persistent concerns over slowing economic growth and higher interest rates kept markets volatile and still limited overall gains.
Heightened fears of a U.S. recession battered Wall Street in recent sessions, as did a string of middling earnings from heavyweight technology stocks.indexes moved in a flat-to-low range on Thursday as a rebound over the past two days ran dry. The two had fallen sharply in early morning trade, but pared a bulk of their losses.
An unexpectedly hawkish tone from the BOJ was the main driver of a recent rout in Japanese markets, which saw the Nikkei and the TOPIX enter bear market territory on Monday.Major Asian technology stocks also fell tracking weak signals from their U.S. peers, especially in the chipmaking sector. U.S.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yenJapan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon. A strong yen is a plus for Japan’s purchases but hurts the nation’s giant exporters like Toyota by eroding the value of overseas profits.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks were higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Policy decisions were due later in the
Source: Mynorthwest - 🏆 438. / 53 Read more »
Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares mostly fall ahead of central bank meetingsAsian shares have mostly fallen in cautious trading ahead of central bank meetings around the world.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares mostly fall ahead of central bank meetingsAsian shares have mostly fallen in cautious trading ahead of central bank meetings around the world.
Source: ksatnews - 🏆 442. / 53 Read more »