Stock market today: Asian benchmarks dip after Wall Street's mixed finish

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Inflation,Federal Reserve System,General News

Asian shares are trading mostly lower after Wall Street drifted to a mixed finish. Benchmarks fell early Wednesday in Tokyo, Seoul, Sydney, Hong Kong and Shanghai. Investors were watching for any market impact from the debate between Vice President Kamala Harris and former President Donald Trump. The U.S.

A currency trader walks by the screens showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Sept. 11, 2024. A currency trader walks by the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Sept. 11, 2024.

South Korea’s Kospi slipped 0.2% to 2,517.44 after data showed the seasonally adjusted unemployment rate in the nation edged down to 2.4% in August 2024 from 2.5% in July, the lowest in a year as the number of unemployed people declined. In the bond market, Treasury yields eased. The yield on the 10-year Treasury fell to 3.64% from 3.70% late Monday.

 

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