Stock market today: Asian shares are mostly lower as Australia's central bank raises its key rate

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Shares have mostly fallen in Asia after a mixed close on Wall Street.

A currency trader works near the screens showing the Korea Composite Stock Price Index , right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 7, 2023. Shares mostly fell in Asia on Tuesday after a mixed close on Wall Street, where wild recent moves calmed a bit at the beginning of a quiet week for data releases.

Tokyo's Nikkei 225 declined 1.3% to 32,271.82 and the Hang Seng in Hong Kong dropped 1.4% to 17,710.68. The Shanghai Composite index slipped 0.1% to 3,055.74. In Seoul, the Kospi dropped 3% to 2,427.82. It gained 5.7% on Monday after the government, seeking to shore up public support ahead of legislative elections in April, restored until the end of June a ban on short-selling to protect small investors from what regulators said was “massive illegal naked short-selling by global investment banks” and other illegal activities.On Monday, U.S. stocks drifted and the S&P 500 added 0.2% to 4,365.98. The Dow Jones Industrial Average edged 0.

The events with perhaps the most potential to shake markets this upcoming week are speeches by officials from the Federal Reserve.steady for a second straight time, leaving it at its highest level since 2001. It’s jacked up its federal funds rate from nearly zero in hopes of getting high inflation under control.

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Stock market today: Asian shares are mostly lower as Australia's central bank raises its key rateShares have mostly fallen in Asia after a mixed close on Wall Street. Benchmarks dropped more than 1% in Hong Kong and Tokyo. South Korea's Kospi gave up 2.6% of its big gains from a day earlier. Australia's central bank raised its key interest rate by 0.25 percentage points to 4.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Stock market today: Asian shares are mostly lower as Australia's central bank raises its key rateShares have mostly fallen in Asia after a mixed close on Wall Street.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »