Asian stocks mixed as caution reigns ahead of U.S. midterms

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

Asian shares held recent gains but lost momentum as investors remained cautious ahead of the release of the U.S. inflation data and mid-term elections, which will determine control of Congress. | Reuters

“Markets are expecting the gridlock situation of a divided Congress and moderation in the U.S. CPI. Both are helping the risk-on sentiments.”

Chinese health officials reiterated their commitment to the zero-COVID policy on Saturday at a press conference. Japan’s Nikkei 225 gained as much as 1.44 percent, hitting an eight-week high, as investors scooped up chips and other technology stocks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines