Asia stocks mixed after Wall St falls on Biden tax report

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 99%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Asian stock markets were mixed Friday after Wall Street fell following a report that U.S. President Joe Biden will propose raising taxes on the wealthiest investors.

Wall Street's benchmark S&P 500 index lost 0.9% overnight after Bloomberg News, citing unidentified sources, said Biden will propose raising taxes on people who make more than US$1 million on stock trades.

The Shanghai Composite Index rose less than 0.1% to 3,466.68 while the Nikkei 225 in Tokyo lost 0.8% to 28,960.35. The Hang Seng in Hong Kong gained 0.9% to 29,014.32.India's Sensex opened up less than 0.1% at 48,096.32. New Zealand and Jakarta rose while Singapore and Bangkok retreated.According to Bloomberg, it would raise the capital gains tax to 39.6% for investors who make more than $1 million, or more than double the current rate for Americans in that income bracket.

The last round of U.S. government stimulus helped to lift retail investors in the biggest global market. Now, investors are weighing other proposals out of Washington, including tax changes and Biden's proposed $2.3 million infrastructure spending package. China, the world's second-largest economy and a major importer, rebounded late last year and the United States is showing solid signs of recovery. Europe and other parts of the world lag behind.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asia stocks lower after Wall St record ahead of Fed meetingAsian stock markets fell Tuesday after Wall Street rose to a new record as investors looked ahead to this week's Federal Reserve meeting for assurance U.S. interest rates will be kept ultra-low.
La source: CTVNews - 🏆 1. / 99 Lire la suite »

Asian shares higher after strong earnings, data lift Wall StAsian shares were mostly higher on Tuesday after strong corporate earnings and economic data lifted stocks on Wall Street. SOSColombia The government is killing us please retweet. Mauritania is facing acute humanitarian needs, including high levels of food insecurity (over 25 per cent of the population in severe food insecurity in most of the provinces) and very high rates of acute malnutrition. UN
La source: CTVNews - 🏆 1. / 99 Lire la suite »