May 5, 2024

News and Political Commentary

Asian Stocks to Fall as US CPI Shifts Into Focus: Markets Wrap

2 min read

Shares in Asia were primed for a muted open Monday as investors look ahead to US inflation data due Tuesday that is expected to show a further slowing in core prices.

Article content

(Bloomberg) — Shares in Asia were primed for a muted open Monday as investors look ahead to US inflation data due Tuesday that is expected to show a further slowing in core prices.

Equities in Australia and share futures for Japan fell, while those for Hong Kong inched higher. Contracts for US stocks slipped in Asian trading, extending the downbeat end to the week in the US, where both the S&P 500 and the Nasdaq 100 declined.

Advertisement 2

Bloomberg News

2024-03-10 18:49:18

All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator


Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.