city Bangkok city Tokyo city Seoul city Shanghai city Hong Kong pandemic economy Department city Bangkok city Tokyo city Seoul city Shanghai city Hong Kong

Asian shares mostly lower after mixed day on Wall Street

Reading now: 135
www.clickorlando.com

BANGKOK – Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains.

Shanghai advanced after reopening following the Lunar New Year holiday. Shares fell in Tokyo, Hong Kong and Seoul. The yield on the 10-year Treasury note held near its highest level in a year, at 1.27%.

Bond rates have risen on expectations that pandemic recoveries will push inflation higher, and that has capped buying enthusiasm, as investors have sold to lock in recent gains.

The U.S. Labor Department reported Wednesday that U.S. wholesale prices surged by a record 1.3% in January, led by big gains in health care and energy prices.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA