Stock market today: Asian stocks decline as China stimulus plan disappoints markets

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Asian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations.

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People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Nov. 11, 2024, in Tokyo. A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Nov. 11, 2024, in Tokyo. – Asian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China's stimulus package disappointed investor expectations.during a national legislature meeting.

Treasury yields climbed in large part because the U.S. economy has remained much more resilient than feared. The hope is thatas the Federal Reserve continues to cut interest rates in order to keep the job market humming, now that it’s helped get

 

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