Stock market today: Asian markets mostly fall after Wall Street logs 3rd loss in a row

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Shares are mostly lower in Asia after a third straight day of losses on Wall Street.

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An electronic stock board showing Japan's Nikkei index at a securities firm is seen near a pedestrian crossing Thursday, Oct. 24, 2024, in Tokyo. Chinese markets also fell, with Hong Kong's Hang Seng losing 1% to 20,555.04 while the Shanghai Composite index shed 0.5% to 3,286.17. Stocks are sagging under rising pressure from Treasury yields. Higher yields can make investors reluctant to pay high prices for stocks, which critics say already look too expensive after they rose faster than corporate profits.

 

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