W3Schools

Asia Markets: Asian stocks turn lower, snapping Nikkei’s long winning streak

Getty Images
Strong exports of semiconductor chips boosted Japan’s trade surplus in June.

Most Asian stocks rose moderately Thursday, taking their cue from the U.S. markets where stocks got a boost from a Federal Reserve report that painted a rosy picture of the U.S. economy.

The Beige Book, a collection of anecdotal account of business conditions, showed that 11 of the 12 districts surveyed were expanding at a “modest” or faster pace with only the region around St. Louis reporting “slight” growth.

Shanghai Composite SHCOMP, -0.66% bucked the trend in the region to slide 0.3% while Hong Kong’s Hang Seng HSI, -0.26% edged up 0.1%.

>>> Original Source <<<

Comentários