From Investing: 2024-04-14 22:52:13

Most Asian stocks declined on Monday due to Iranian attack on Israel and concerns over higher U.S. interest rates. Chinese stocks rebounded as Beijing promised more support. Japanese and South Korean markets struggled amidst profit-taking and weak trade data. Indian markets also faced a negative open following a Friday tumble from record highs.
China’s stock indexes surged after hitting lows last week, supported by government vows for market support. Major state funds bought shares of Chinese banks to boost sentiment. Weak economic data from March still had an impact on Chinese markets, while Hong Kong stocks reflected negative sentiment towards China.



Read more at Investing: Asian stocks sink amid Iran-Israel jitters, China rebounds on govt support By Investing.com