Shares climbed in Asia on Tuesday after Wall Street benchmarks clawed back some losses from their worst week since early December.
Tokyo’s Nikkei 225 index JP:NIK added 0.2% and the Kospi KR:180721 in Seoul advanced 0.8%.
Economies around the world have remained more resilient than feared, with China loosening its business-damaging anti-COVID restrictions and Europe avoiding a worst-case energy crisis. But they likely mean a longer spell of higher interest rates. The heightened expectations for rates have been most evident in the bond market, where yields have shot higher in recent weeks.
The 10-year Treasury yield dipped to 3.92% from 3.95% late Friday. That yield helps set rates for mortgages and other important loans. The two-year yield, which moves more on expectations for the Fed, slipped to 4.79% from 4.81%. It’s near its highest level since 2007.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Asian shares follow Wall Street lower after stronger-than-expected dataShares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while oil prices fell.
Weiterlesen »
Asian shares edge higher, dollar rally takes a breatherAsian shares nudged higher on Tuesday, tracking small gains on Wall Street, while the U.S. dollar paused after a sharp rally as month-end flows lift sentiment and investors adjust to expectations of more interest rate hikes.
Weiterlesen »
Wall Street’s most overbought stocks include PepsiCo and this little-known insurance companyInvestors should consider easing exposure to names that are still overbought. They can gauge this with the relative strength index.
Weiterlesen »
How big investors are playing the latest A.I. trend overtaking Wall StreetIn the weeks since ChatGPT's debut, shares of any company related to artificial intelligence are on a tear. How big investors recommend playing the trend.
Weiterlesen »
Top Wall Street analysts expect these stocks to thrive despite macro pressuresTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart & Datadog.
Weiterlesen »