Hong Kong stocks fall 1% as official data shows China factory activity unexpectedly contracting

0
1


Stock picks and investing trends from CNBC Pro:

Overnight stateside, the Dow Jones Industrial Average edged 90.73 points higher to 34,390.72 while the S&P 500 gained 0.16% to 4,359.46. The Nasdaq Composite shed 0.24% to 14,512.44.

The moves came as investors continued watching the 10-year Treasury yield, which crossed the 1.5% level on Monday and has since remained above that mark, last sitting at 1.508%. Yields move inversely to prices.

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.312 following a recent climb from below 94.

The Japanese yen traded at 111.80 per dollar, having weakened from below 111.6 against the greenback yesterday. The Australian dollar changed hands at $0.7193 after falling from above $0.728 earlier this week.

Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures falling 0.14% to $78.53 per barrel. U.S. crude futures shed 0.13% to $74.73 per barrel.



Source link

Previous articleRaashi Khanna: Malayalam industry expects you to act, cannot sail through without it
Next articleBest TWS Earbuds You Can Buy Under Rs 5,000 in India in September 2021
SATARK NEWS ENGLISH was launched in 2020. And in just a few months, it became the famous English news website in India and abroad. And now we publish with three different languages English, Hindi, and Urdu.