ABC News on Nostr: Stock market today: Asian shares slip after Wall St slumps despite strong US economic ...
Stock market today: Asian shares slip after Wall St slumps despite strong US economic data
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Asian markets mostly lower on January 8, 2025; Wall Street shares slumped despite strong U.S. jobs market and business activity reports; Japan's Nikkei 225 down 0.3% to 39,981.06; Hong Kong's Hang Seng down 1% to 19,255.76; Shanghai Composite nearly unchanged at 3,230.17; South Korea's Kospi up 1.2% to 2,521.05; U.S. S&P 500 fell 1.1% to 5,909.03; Dow Jones down 0.4% to 42,528.36; Nasdaq dropped 1.9% to 19,489.68; U.S. job openings exceeded expectations; inflation concerns persist; Fed hinted at slowing interest rate cuts; 10-year Treasury yield rose to 4.69%; upcoming U.S. job market update expected to show 156,500 jobs growth in December.
#StockMarket #Asia #WallStreet #Economy #Inflation #InterestRates #TreasuryYields #JobsReport #BusinessActivity #FinancialNews
https://abcnews.go.com/Business/wireStory/stock-market-today-asian-shares-slip-after-wall-117448818
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Asian markets mostly lower on January 8, 2025; Wall Street shares slumped despite strong U.S. jobs market and business activity reports; Japan's Nikkei 225 down 0.3% to 39,981.06; Hong Kong's Hang Seng down 1% to 19,255.76; Shanghai Composite nearly unchanged at 3,230.17; South Korea's Kospi up 1.2% to 2,521.05; U.S. S&P 500 fell 1.1% to 5,909.03; Dow Jones down 0.4% to 42,528.36; Nasdaq dropped 1.9% to 19,489.68; U.S. job openings exceeded expectations; inflation concerns persist; Fed hinted at slowing interest rate cuts; 10-year Treasury yield rose to 4.69%; upcoming U.S. job market update expected to show 156,500 jobs growth in December.
#StockMarket #Asia #WallStreet #Economy #Inflation #InterestRates #TreasuryYields #JobsReport #BusinessActivity #FinancialNews
https://abcnews.go.com/Business/wireStory/stock-market-today-asian-shares-slip-after-wall-117448818