Asian markets muted as investors weigh which way market is headed

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Asian stock markets were mixed Monday after Wall Street turned in its biggest weekly gain in 16 months as investors watched efforts to negotiate an end to...

BEIJING — Asian stock markets were mixed Monday after Wall Street turned in its biggest weekly gain in 16 months as investors watched efforts to negotiate an end to Russia’s war on Ukraine.

Wall Street’s S&P 500 index rose 1.2% on Friday after markets appeared to welcome the Federal Reserve’s attempt to fight surging inflation by raising its key interest rate. The S&P SPX rose to 4,463.12, adding to a streak that included two days of 2% gains. The Dow DJIA advanced 0.8% to 34,754.93 and the Nasdaq composite COMP added 2% to 13,893.84. The three indexes had their best week since November 2020.

On Sunday, Turkey’s foreign minister, Mevlut Cavusoglu, said Ukraine and Russia are close to an agreement on “fundamental issues” after he traveled to both countries to meet his counterparts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Would be hard pressed to find a more vacuous post tonight

👍 David Beckham temporarily gave his Instagram with 71.4 million subscribers to Kharkov doctor Irina Kondratova. DavidBeckham instagram

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines