Asia snaps losing streak as chip stocks bounce

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Commodity Prices 뉴스

Benchmark Index,Taiwan,President Joe Biden

Asian stocks bounced from one-month lows on Tuesday, with Taiwan's market snapping a five-day losing streak as semiconductor shares took a lead from a Wall...

SINGAPORE - Asian stocks bounced from one-month lows on Tuesday, with Taiwan's market snapping a five-day losing streak as semiconductor shares took a lead from a Wall Street recovery, while sagging commodity prices weighed on the Aussie dollar.

"Risk sentiments and Democrat support for Kamala Harris appear to be at least on the way to solid," said Mizuho economist Vishnu Varathan in a note to clients. Over the week to Monday, the company - the most valuable listed firm in Asia - lost about $100 billion in market value after U.S. presidential candidate Donald Trump sounded equivocal about protecting Taiwan and its chip industry in a magazine interview.

In bond markets, U.S. yields ticked up overnight and were broadly steady in Asia, with benchmark 10-year yields at 4.25% and two-year yields at 4.51%.Markets have priced two U.S. rate cuts for the second half of this year which has started to weigh on the dollar, even if uncertainty over the U.S. election is keeping it from falling too far.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market today: Asian shares advance ahead of U.S. inflation reportTOKYO (AP) — Asian shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »