A currency trader passes by a screen showing the Korea Composite Stock Price Index , top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, June 19, 2023. – Wall Street’s benchmark S&P 500 index lost 0.4% on Friday after the Federal Reserve held its benchmark lending rate steady but warned last week it might be raised later if needed to cool inflation.
The Shanghai Composite Index lost 0.6% to 3,252.26 and the Nikkei 225 in Tokyo tumbled 1.3% to 33,272.68. The Hang Seng in Hong Kong fell 1.5% to 19,740.58.India's Sensex opened down 0.1% to 11,750.75. New Zealand and Southeast Asian markets also declined. Humana dropped 3.9% for one of the S&P 500’s sharpest losses after becoming the latest health insurer to warn about rising costs because of pent-up demand for medical services. Health insurance giant UnitedHealth issued a similar warning earlier.
A survey Friday suggested U.S. consumers are also paring back their expectations for upcoming inflation. The preliminary reading from the University of Michigan survey also suggested consumer sentiment is strengthening more than expected.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Forex Today: Asian Stocks Lower as Chinese Stimulus Hopes FaChinese Stimulus Looking Unlikely; USD/JPY, GBP/USD in Strong Trends; Stocks Weaken in Asia
Läs mer »
Asia stocks under pressure, tracking Wall Street's losses last weekAsian stock markets followed Wall Street lower Monday after the top U.S. and Chinese diplomats agreed to cooperate during a meeting held at a time of...
Läs mer »
Asian Stock Market: China fears, downbeat S&P500 Futures prod bulls on Juneteenth holidayAsian Stock Market: China fears, downbeat S&P500 Futures prod bulls on Juneteenth holiday – by anilpanchal7 Asia Equities China RiskAversion CentralBanks
Läs mer »