Asian markets fall on US stocks sell-off

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Ireland News News

Nasdaq closes 1.3% lower on weaker-than-expected economic and earnings data

Asian share markets and US futures fell on Friday, after US stocks took a knock overnight, hurt by lingering concerns over the Federal Reserve’s tightening and weaker-than-expected economic and earnings data.

“But there are pockets of optimism like China’s more accommodating moves on monetary policy,” he said. The moves extended to Chinese shares with the Hong Kong benchmark losing 0.24% after posting its best day in six months the day before and Chinese blue chips losing 0.5% also after gains the day before.

China’s moves were “a very encouraging sign” but the Fed’s actions could add near-term market volatility, he said.

 

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

You have to Stand Up for yourself, No one is gonna be with you on the way to Success because the path of Success is very hard and only few can go over it. I earned over R350,000 thanks to Lisaberry76

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:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks creep up as China cuts mortgage rateAnalysts warn that geopolitical tensions could put pressure on global shares May God continue to bless ChristoperMabel never believe it going to workout because I have lost a lot in different places...I know one day they will face the judgment I really appreciate ChristoperMabel
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE muted as investors take stock of US corporate earningsAnalysts say the market has priced in a rate increase by the Reserve Bank and a tightening by the Fed in March
Source: BDliveSA - 🏆 12. / 63 Read more »

South African cannabis company details expansion plans following R300 million cash injection, including Europe and USJSE-Listed investment holding company Labat Africa says it is diversifying its healthcare offerings through large-scale acquisitions and retail expansion. Did we not agree to invest in medial cannabis but now they are focusing on recreational ?
Source: BusinessTechSA - 🏆 24. / 61 Read more »