Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports rose

  • 📰 AP
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Shares have tumbled in Asia following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks. Worries about war in the Middle East also have been dragging on markets. Benchmarks in Hong Kong, Tokyo and Seoul fell about 2%.

A currency trader watches monitors near the screens showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Oct. 19, 2023. Shares tumbled in Asia on Thursday following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks.

Hong Kong’s Hang Seng index declined 2.2% to 17,349.79 and the Shanghai Composite index was down 1.6%, at 3,010.03. Australia’s S&P/ASX 200 sank 1.4% to 6,981.60.“Another surge in Treasury yields, lingering geopolitical tensions in the Middle East and higher oil prices seem to dampen appetite in risk-taking for now,” Yeap Jun Rong of IG said in a report.

On Wednesday, the S&P 500 sank 1.3% and the Dow Jones Industrial Average lost 1%. The Nasdaq sank 1.6%.share price fell 4.2% in afterhours trading after it reported its net income slumped in the third quarter, as price reductions helped drive strong sales growth but ate into the automaker’s profit margins.jumped 12.

The earnings reporting season for the summer is just starting and the broad expectation is for S&P 500 companies’ overall earnings per share to have climbed in the last quarter for the first time in a year.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 728. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Morgan Stanley Profit Tops Wall Street Expectations Amid 'Mixed' Market EnvironmentThird-quarter profit at the investment bank slides 8% to $2.4 billion.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Winnebago Sales Slide. The Consumer Market ‘Remains Challenged.’Winnebago posted fourth-quarter revenue that missed Wall Street estimates.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Morgan Stanley earnings fall 10% but beat lowered Wall Street expectationsTrading revenue rises 10%, but investment banking remains weak amid a dearth of deals
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »