BANGKOK — Asian markets were mixed on Friday, with only a few open due to public holidays across the region.Tokyo's Nikkei 225 index was down 0.1% at 31,857.62. Australia's S&P/ASX 200 added 0.4% to 7,049.10. India's Sensex gained 0.4%, while in Bangkok the SET declined 0.4%.
A 2.1% climb for Meta Platforms and 1.5% gain for Nvidia were two of the strongest forces lifting the S&P 500.announced a five-year partnershipOn the losing end, Micron Technology slumped 4.4% despite reporting better results for the latest quarter than analysts expected. Its forecast for upcoming profitability fell short of some analysts’ estimates.
The threat of higher rates for longer has pushed Treasury yields up sharply in the bond market. The yield on the 10-year Treasury climbed above 4.67% in the morning, near its highest level since 2007. It later fell back to 4.57%, down from 4.61% late Wednesday. Many other challenges are also looming over the economy and Wall Street besides the threat of higher interest rates for longer.as soon as this weekend, though financial markets have held up rather well during past shutdowns.. It's the latest signal of a solid job market, one that has helped prevent a recession but may also be feeding upward pressure into inflation.during the summer, following some revisions to earlier estimates.
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Stock market today: Asian shares mostly lower after Wall Street retreat deepensTOKYO (AP) — 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. Tokyo's Nikkei 225 recovered earlier losses, gaining 0.3% to 32,371.90. In Hong Kong, the Hang Seng advanced 0.6% to 17,577.03. The Shanghai Composite index added 0.3% to 3,111.36. In China, concerns continued over heavily indebted real estate developer Evergrande. The property market crisis there is dragging on China’s economic growth an
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Stock market today: Asian shares fall over China worries, Seoul trading closed for a holidayTOKYO (AP) — Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes. Trading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong. That followed media reports that the chairman of Evergrande, Hui Ka Yan, had been taken away earlier this month and placed under police watch. Evergrande is the world’s most heavily indebted real estate developer and is at the center of a property market crisis that
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