Asian Stocks Open Mixed as US Hits Highs: Markets Wrap

From Yahoo Finance:

Equities in Asia showed mixed trading as investors reevaluate optimism following fresh signs of inflation in the US. Reddit Inc. shares soared 48% on debut while Apple Inc. and Alphabet Inc. fell amid regulatory pressure. US data suggests the Fed may adjust rate forecast due to a resilient economy. Central banks, including the Swiss National Bank, cut rates. In commodities, oil held a two-day drop as traders consider global interest rates and Middle East tensions. Bitcoin traded below $66,000 and gold dipped below $2,200. Key events include Japan CPI and German IFO business climate report. Stocks and currencies are making minor moves.



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