Asia stocks muted; China shares rise as GDP meets expectations

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Asia stocks muted; China shares rise as GDP meets expectations

Investing.com-- Most Asian stocks were muted on Friday amid uncertainty over U.S. interest rates and the upcoming presidential election, while Chinese shares turned positive on data showing the economy grew as expected.

Regional markets took muted cues from a mostly flat overnight session on Wall Street. While investors did cheer signs of resilience in the U.S. economy, this enthusiasm was largely undercut by bets on a smaller upcoming interest rate cut by the Federal Reserve.Still, Friday’s gains helped Chinese stocks recoup a bulk of their weekly losses, putting them on track for a muted weekly performance.

TSMC is widely considered as a bellwether for the chipmaking industry, and flagged increasing demand from AI for the sector.

 

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

 /  🏆 450. in FR

France Dernières Nouvelles, France Actualités