Asian stocks mostly lower after mixed day on Wall Street

0
131

Stocks are mostly lower in Asia after a lackluster session on Wall Street, where weak jobs data and pandemic concerns weighed on sentiment. Shares were higher in Tokyo after economic growth for the April-June quarter was revised upward to an annualized 1.9% from an earlier estimate of 1.3%. But benchmarks fell in Hong Kong, Shanghai, Seoul and Sydney. In New York, gains for some Big Tech companies nudged the Nasdaq composite barely higher while the benchmark S&P 500 slipped 0.3%. The Dow industrials lost 0.8%.  The yield on the 10-year Treasury note was steady at 1.37%, while oil prices rose after falling overnight. 

The post Asian stocks mostly lower after mixed day on Wall Street appeared first on WEEK.

LEAVE A REPLY

Please enter your comment!
Please enter your name here