European markets opened higher while Asian stocks were mostly lower on Friday, with Japan’s benchmark Nikkei losing over 2% after a sharp decline on Wall Street.
Hong Kong’s Hang Seng index was the exception to Friday’s downturn vibe. It added 0.9% to 20,506.43, while the Shanghai Composite index was up in morning trading but slipped 0.2% later in the day to close at 3,272.01. Elsewhere, South Korea’s Kospi lost 0.5% to 2,543.36. Taiwan’s Taiex fell 0.2%, weighed down by a 0.5% decline in Taiwan Semiconductor Manufacturing Corp., Apple’s chip supplier. Apple’s quarterly earnings report Thursday revealed a drop in sales revenue from China.
In the bond market, Treasury yields edged lower following a mixed set of reports on the U.S. economy.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Premarket: European stocks steady after Wall Street record, oil prices slumpChina stocks tumble on government borrowing report
Read more »
Global stocks mixed after Wall Street declines; markets wait for China policy briefingHONG KONG (AP) — European markets opened higher while Asian stocks were mostly lower on Friday, with Chinese markets declining as investors awaited a key...
Read more »