Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Shares in Asia were mostly lower on Monday, with Tokyo the only major regional market to advance, after Wall Street wheezed to more losses with its worst week in six months. U.S. futures and oil prices edged higher. Worries over China’s property sector, a U.S. government shutdown and the continued strike by American autoworkers were weighing on investor sentiment. Troubled property developer China Evergrande sank 17.3% after announcing it was unable to raise further debt due to an investigation

Shares in Asia were mostly lower on Monday, with Tokyo the only major regional market to advance, after Wall Street wheezed to more losses with its worst week in six months.Worries over China’s property sector, a U.S. government shutdown and the continued strike by American autoworkers were weighing on investor sentiment.

On Friday, the S&P 500 slipped 0.2% to 4,320.06 while the Dow Jones Industrial Average was off 0.3% at 33,963.84. The Nasdaq composite dipped 0.1% to 13,211.81. The retreat has deepened with Wall Street’s growing understanding that interest rates likely won’t come down much anytime soon. Auto workers want improved pay and benefits, and a prolonged strike could put upward pressure on inflation if shortages send prices higher.

When bonds pay more in interest, investors are less willing to pay high prices for stocks, especially those seen as the most expensive or those that force investors to wait for big growth in the future.

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:

 /  🏆 47. 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.

Asian Stocks Set for Cautious Open; Dollar Mixed: Markets Wrap(Bloomberg) -- Asian equities were poised for a cautious open while the dollar traded in narrow ranges versus its major peers early Monday as investors weighed the Federal Reserve’s higher-for-longer stance.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance F
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »