Stock Market Cafe
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Stock Market Cafe
No Result
View All Result
Home Trading News

Japan’s Nikkei 225 drops nearly 3% as Asia-Pacific markets largely fall; oil declines more than 1%

by
January 6, 2022
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify

Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units

SINGAPORE — Shares in Asia-Pacific declined in Thursday trade following losses overnight that saw the Dow Jones Industrial Average notching its first decline of 2022.

In Japan, the Nikkei 225 slipped 2.6% while the Topix index dipped 1.88%. Australian stocks also saw heavy losses as the S&P/ASX 200 fell 2.77%, with shares of Afterpay plunging nearly 11%.

Hong Kong’s Hang Seng index shed 0.36%. Hong Kong-listed shares of debt-ridden developer China Evergrande Group fell 0.63%. Reuters reported that the firm will seek a six month delay in making payments on an onshore bond.

The Shanghai composite in mainland China declined 0.16% while the Shenzhen component slipped 0.537%.

South Korea’s Kospi fell 0.86%.

In Southeast Asia, the Straits Times index outperformed the broader region as it gained 0.52%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 1.31% lower.

Stock picks and investing trends from CNBC Pro:

Cathie Wood begins 2022 where she left off last year: Buying the dip in her favorite stocks

Morgan Stanley names its top chip stocks for 2022

Income investors are off to a good start in 2022 with dividend ETF hitting all-time high

These stocks win when rates rip higher like they are doing so far this year

Minutes from the U.S. Federal Reserve’s December meeting released Wednesday showed officials are ready to aggressively dial back policy help.

Major indexes on Wall Street fell sharply following the release of the minutes, with the S&P 500 dropping 1.94% to 4,700.58. The Dow Jones Industrial Average fell 392.54 points to 36,407.11 while the tech-heavy Nasdaq Composite plunged 3.34% to 15,100.17.

Meanwhile, the 10-year U.S. Treasury yield touched 1.7% on Wednesday, last sitting at 1.6981%. Yields move inversely to prices.

Oil falls more than 1%

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures slipping 1.36% to $79.70 per barrel. U.S. crude futures shed 1.3% to $76.84 per barrel.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.19 — off levels above 96.3 seen earlier in the week.

The Japanese yen traded at 115.83 per dollar, weaker than levels below 115.5 seen against the greenback earlier in the week. The Australian dollar changed hands at $0.7181 after seeing an earlier high of $0.7222.

ShareTweetPin

Related Posts

Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify

by
March 23, 2023
0

In this article SBNYSIVB Follow your favorite stocksCREATE FREE ACCOUNT U.S. Sen. Sherrod Brown (D-OH) speaks to members of the...

Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units

by
March 23, 2023
0

In this article F Follow your favorite stocksCREATE FREE ACCOUNT The badge of a Ford Motor Co. E-Transit electric vehicle...

Retirement vs. emergency savings: How to prioritize in a shaky economy

by
March 23, 2023
0

Jamie Grill | Getty Images When you're on a tight budget, It can be tough to decide between contributing to...

These beaten-down bank stocks have strong deposit bases and are well liked by analysts

by
March 23, 2023
0

Bank stocks have been pummeled in recent weeks amid the ongoing crisis centered around regional banks -- but Wall Street...

Request for Bragg’s testimony on Trump probe is ‘unprecedented,’ Manhattan DA’s office tells GOP

by
March 23, 2023
0

District Attorney Alvin Bragg arrives at the office of District Attorney, after a message was posted on the Truth Social...

Next Post

Don't expect 'old school' inflation anytime soon: DoubleLine's Jeff Sherman

Novavax Stock Could Hit $315, Says Analyst

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Crocs sees fourth-quarter sales up 42%, CEO Andrew Rees says 2021 was ‘exceptional year’

    0 shares
    Share 0 Tweet 0
  • Biden didn’t accept Putin’s ‘red lines’ on Ukraine – here’s what that means

    0 shares
    Share 0 Tweet 0
  • The states that won’t tax military retirement in 2022

    0 shares
    Share 0 Tweet 0
  • Buying a car from the factory sounds expensive, but it can actually save you money. Here’s how to do it.

    0 shares
    Share 0 Tweet 0
  • Roth TSP vs. Roth IRA: How Do They Compare?

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.stockmarket-cafe.com
No Result
View All Result
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy

All rights reserved by www.stockmarket-cafe.com