Stock market today: Asian shares mostly fall on worries about Trump's tariffs

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 53 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 53%

World News News

Business,Washington News,U.S. News

Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.

Read full article: THANKSGIVING FORECAST: Windy & cool in San Antonio, Texas Hill Country5 hours agoNow is the perfect time to take advantage of our latest Insider Deals that elevate your home, enhance self-care and get you into the holiday spirit.Tired of bumper-to-bumper traffic? Swap your car for this electric scooterA person walks in front of an electronic stock board showing part of Japan's Nikkei index at a securities firm Tuesday, Nov. 26, 2024, in Tokyo.

A person walks in front of the Tokyo Stock Exchange building at a securities firm Tuesday, Nov. 26, 2024, in Tokyo. FILE - People work on the New York Stock Exchange trading floor in New York on November 21, 2024. A person walks in front of an electronic stock board showing part of Japan's Nikkei index at a securities firm Tuesday, Nov. 26, 2024, in Tokyo. Japan's benchmark Nikkei 225 dropped 0.9% to 38,442.00. Australia's S&P/ASX 200 lost 0.7% to 8,359.40. South Korea's Kospi dipped 0.6% to 2,520.36. Hong Kong's Hang Seng was little changed, inching up less than 0.1% to 19,158.

The two-year Treasury yield, which more closely tracks the market’s expectations for what the Federal Reserve will do with overnight interest rates, also eased sharply.to its 2% target. But immediately after Trump’s victory, traders had reduced bets for how many cuts the Fed may deliver next year. They were worried Trump’s preference for lower tax rates and higher spending on the border would balloon the national debt.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 442. in BUSİNESS

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 shares retreat after Trump's victory as focus turns to the FedShares have fallen in Asia after U.S. stocks stormed to records as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the FedShares have fallen in Asia after U.S. stocks stormed to records as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock Market Today: Asian shares retreat after Trump’s victory as focus turns to the FedShares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will
Source: Mynorthwest - 🏆 438. / 53 Read more »

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Japan’s benchmark Nikkei 225 slipped over 1% in morning trading.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
Source: ksatnews - 🏆 442. / 53 Read more »