Investing.com-- Asian stocks were a mixed bag on Wednesday, with Chinese markets seeing sustained losses after the U.S. added more major firms to a blacklist, while Japanese markets fell after government officials warned of intervention in the currency market.
data showed inflation grew more than expected in November. But a mild decline in underlying inflation spurred bets that the Reserve Bank of Australia will cut interest rates sooner, rather than later.While Asian stocks saw some gains this week, they were still nursing a weak start to 2025 amid growing uncertainty over U.S. interest rates and policy under incoming President Donald Trump.
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Asian Stocks Rise as Tech Rebounds, Chinese Markets Lag on U.S. BlacklistMost Asian stocks advanced on Tuesday, following gains in U.S. technology stocks, although Chinese markets underperformed after two major tech companies were added to a U.S. blacklist. Regional markets were buoyed by a strong overnight session on Wall Street, with tech stocks rebounding from a sluggish start to the year. NVIDIA Corporation reached a record high, anticipating CEO Jensen Huang's address at CES. Despite this, most Asian markets remained subdued due to persistent concerns about high U.S. interest rates. Tech stocks surged, tracking their U.S. counterparts, fueled by AI hype and bargain buying after December's losses. Tencent and CATL were added to a U.S. blacklist linked to the Chinese military, raising concerns about strained trade relations between the two largest economies, further aggravated by incoming U.S. President Donald Trump's trade tariff plans.
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Stock market today: Asian stocks are mixed ahead of key US inflation dataAsian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday.
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Stock market today: Asian stocks are mixed ahead of key US inflation dataAsian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday.
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Stock market today: Asian stocks are mixed ahead of key US inflation dataAsian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday. U.S. futures were little changed and oil prices rose.
Fonte: AP - 🏆 728. / 51 Leggi di più »
Stock market today: Asian stocks mixed at the start of a holiday-shortened weekAsian markets are mixed after stocks on Wall Street shook off a choppy start to finish higher on Monday, as it kicked off a holiday-shortened week.
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Stock market today: Asian stocks mixed at the start of a holiday-shortened weekAsian markets are mixed after stocks on Wall Street shook off a choppy start to finish higher on Monday, as it kicked off a holiday-shortened week. U.S. futures were little changed and oil prices rose. Honda shares surged more than 16% as the Japanese auto giant announced an up to 1.
Fonte: AP - 🏆 728. / 51 Leggi di più »