Investing.com-- Most Asian stocks traded in a flat-to-low range on Wednesday as a rebound in Chinese markets paused for breath, while comments from some Federal Reserve officials sparked questions over the timing of potential U.S. interest rate cuts.
Optimism over improving economic conditions in China- amid persistent stimulus measures and easing restrictions on investment- had driven the recent stock rally. Bargain buying also factored into these gains, after Chinese stock benchmarks hit over five-year lows in late-January.index was among the worst performers in Asia, falling 1.
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Stock market today: Asian shares mostly higher, though China benchmarks falterAsian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered. U.S. futures were nearly flat and
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Stock market today: Asian shares mostly higher, though China benchmarks falterAsian markets are mostly higher, although Chinese shares faltered. U.S. futures and oil prices edged higher. On Monday, U.S. stocks added to their gains from last week as technology stocks led the way once again. The S&P 500 climbed 1% and the Dow Jones Industrial Average rose 0.5%. The Nasdaq composite added 1.2%.
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Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
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Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Shares fell in Shanghai after China's central bank left its 1 and 5-year lending rates unchanged.
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