Asian shares mostly lower on Trump policy worries, oil/gold down, dollar up, U.S. stocks flat
From Nasdaq: 2024-12-19 21:14:51
Asian stocks were mostly lower as concerns over Trump’s policies weighed on markets. Oil and gold prices fell, while the dollar and U.S. Treasury yields rose. China’s Shanghai Composite and Hong Kong’s Hang Seng index edged higher. Japan’s Nikkei rose on speculation of unchanged interest rates. South Korea’s Kospi fell, Australian markets dropped sharply, and New Zealand’s S&P/NZX-50 traded flat. U.S. stocks ended flat after positive data. European stocks hit multi-week lows after the Fed’s hawkish forecast. STOXX 600, DAX, CAC 40, and FTSE 100 all declined.
Read more at Nasdaq: Asian Shares Mixed Amid Fed Worries
