TOKYO — Shares in Asia were mostly higher on Wednesday, shrugging off a sharp decline on Wall Street that took benchmarks back to where they were in June.
In China, concerns continued over heavily indebted real estate developer Evergrande. The property market crisis there is dragging on China’s economic growth and raising worries about financial instability. Australia's S&P/ASX 200 slipped 0.3% to 7,019.70. In Seoul, the Kospi edged 0.1% higher, to 2,466.72.
September has brought a loss of 5.2% so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realization sets in thatfor longer than hoped for. That understanding has sent yields in the bond market to their highest levels in more than a decade, undercutting prices for stocks and other investments.
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Stock market today: Wall Street opens lower, adding to September's lossesNEW YORK (AP) — More losses for stocks have September on track to be the worst month of the year for Wall Street. The S&P 500 was 0.4% lower early Monday, coming off its worst week in six months.
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Stocks rise as Wall Street halts Fed-fueled hangover: Stock market news todayWall Street stocks edged up Monday as investors assessed the Fed's path and a possible government shutdown.
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Stock market today: Wall Street drifts as the pressure keeps mounting from the bond marketNEW YORK (AP) — A sluggish day for stocks kept September on track to be the worst month of the year for Wall Street. The S&P 500 managed a gain of 0.4%, coming off its worst week in six months.
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Stock market today: Wall Street opens lower, a day after a rare gainNEW YORK (AP) — Wall Street is back to falling on Tuesday, even as pressure from the bond market relaxes a bit. The S&P 500 was 0.7% lower in early trading, coming off a rare gain and on track for its fifth drop in six days.
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Stock market today: Wall Street drops as its September slump gets even worseNEW YORK (AP) — Wall Street’s September swoon accelerated, knocking stocks down to their lowest levels since June. The S&P 500 fell 1.5% Tuesday, its fifth drop in six days. The Dow lost 388 points and the Nasdaq composite gave back 1.6%.
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