Asian stocks: Asian stocks track US decline for a second day: Markets wrap

Asian stocks: Asian stocks track US decline for a second day: Markets wrap

Asian equities tracked US stocks lower for a second day as signs of economic weakness overwhelmed the market’s optimism surrounding interest-rate cuts. Shares in Japan, South Korea and Australia dropped. The S&P 500 fell 0.8% Thursday, extending a drop from the prior session and placing the benchmark on track for its largest weekly decline since … Read more

asian stocks: China stocks eye gains; S&P 500 steady on Powell: Markets wrap

asian stocks: China stocks eye gains; S&P 500 steady on Powell: Markets wrap

Shares in Australia and Japan fell Wednesday while Chinese futures pointed to gains ahead of key economic data after fresh highs of US equities. Hong Kong futures contracts rose earlier, following a Tuesday rally for mainland stocks and a gauge of US-listed Chinese shares. The S&P 500 advanced for a sixth consecutive session, its longest … Read more