Asia-Pacific stocks set for lower start following Wall Street tumble

SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Friday after an overnight drop on Wall Street sent the Dow Jones Industrial Average to its worst day since 2020.last close at 26,818.53. Japanese stocks are set to return to trade on Friday after being closed for holidays much of this week.

Futures also pointed to a lower open for stocks in Australia, with the SPI futures contract at 7,213, against theWith no obvious news flow to explain the sharp reversal, it seems instead that the relief of Powell indicating 75bp moves were likely a step too far gave way to a renewed focus on high inflation and a challenging growth outlook.The Reserve Bank of Australia is set to release its statement on monetary policy at 9:30 a.m. HK/SIN on Friday.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

AMD 'is just a different company now,' and Wall Street is cheeringAdvanced Micro Devices shares rose Wednesday, as analysts described the chip maker’s earnings report as “a potential watershed moment” that proved $AMD is a data-center powerhouse following its acquisition of Xilinx Inc. Join Robinhood with my link and we'll each get a free stock and invest in AMD
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

Stocks are falling, here's what a former Wall Street trader is doingStocks are dropping and you may have the sudden urge to sell you positions. Before taking any such action, consider these tips.
Bron: CNBC - 🏆 12. / 72 Lees verder »

Stocks slump on Wall Street as markets assess looming fallout from Fed's fight against inflationThe Dow dropped 1,079 points or 3.2%, the S&P 500 fell 3.6% and the Nasdaq Composite tumbled 4.9% in midday trading. Joe and the Democrats working hard to wipe out everyone's retirement accounts.
Bron: 6abc - 🏆 250. / 63 Lees verder »