Asian stock markets have followed Wall Street lower ahead of an update on United States employment amid worries about possible further interest rate hikes
People walk by the Dah Sing Bank's electronic screen in Hong Kong on Friday, March 10, 2023. Asian stock markets followed Wall Street lower Friday ahead of an update on U.S. employment amid worries about possible further interest rate hikes. BEIJING — — Asian stock markets followed Wall Street lower Friday ahead of an update on United States employment amid worries about possible further interest rate hikes.
The Shanghai Composite Index fell 0.9% to 3,246.16 and the Nikkei 225 in Tokyo tumbled 1.2% to 28,291.89. The Hang Seng in Hong Kong slid 2.4% to 19,460.27.New Zealand and Southeast Asian markets declined. The Dow Jones Industrial Average lost 1.7% to 32,254.86. The Nasdaq composite sank 2.1% to 11,338.35.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian markets mixed after Wall Street steadies amid rate-hike fearsAsian stock markets were mixed Thursday after Wall Street steadied following a plunge on worries about more U.S. interest rate hikes.
Read more »
Stock futures are flat as Wall Street weighs likelihood of higher rate hikes: Live updatesInvestors’ focus turned toward the prospect of higher rates for longer following Federal Reserve Chairman Jerome Powell’s Congressional testimony.
Read more »
Toro stock rises as adjusted profit beats Wall Street estimatesToro Co. stock rose 0.7% in premarket trades after the lawn mower company posted stronger-than-expected first-quarter profit. Toro said its first-quarter...
Read more »
How to invest in AI like ChatGPT: best Wall Street stock picksInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Deepening worries about high rates send Wall Street lowerStocks sank broadly on Wall Street, worsening their losses for the week, as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation with higher interest rates
Read more »
Deepening worries about high rates send Wall Street lowerNEW YORK (AP) — Stocks stumbled on Wall Street Thursday and added to the week’s losses as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation.
Read more »