Asian stocks: China rises, others mixed as Powell dampens rate cut hopes

Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday amid waning expectations for U.S. interest rate cuts, while Chinese markets advanced amid some signs of economic recovery.Still, U.S. stock index futures rose marginally in Asian trade as a rout on Wall Street now appeared overdone.The two indexes maintained some momentum after rebounding from five-year lows over the past two months.

This notion weighed on most stock markets, and kept Asian bourses moving in a flat-to-low range. Sentiment towards Asia was also dampened by data showing a sharp drop in Singapore’sRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong gained nearly 2% while Shanghai fell after Fitch Ratings lowered its outlook for China's public finances. On Tuesday, the S&P 500 edged up 0.1% after barely budging the day before.
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Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports.
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Stock market today: Asian shares are mixed and Shanghai gains on strong China factory dataAsian shares are mixed, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China.
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Stock market today: Asian shares are mixed and Shanghai gains on strong China factory dataAsian shares are mixed, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China. Sydney and Hong Kong were closed for the Easter Monday holiday.
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Stock market today: Asian shares are mixed and Shanghai gains on strong China factory dataAsian shares are mixed, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China.
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