Current location:Earth Edges news portal > politics
Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
Earth Edges news portal2024-05-21 15:46:10【politics】5People have gathered around
IntroductionBANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in
BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks.
The Shanghai Composite index lost 1.7% to 3,007.07 even though the Chinese government reported that the economy grew at a surprisingly fast 5.3% annual rate in the first quarter of the year. In quarterly terms it expanded at a 1.6% pace.
The Hang Seng in Hong Kong lost 2.1% to 16,248.97.
Tokyo’s Nikkei 225 fell 1.9% to 38,471.20 as the dollar continued to gain against the Japanese yen, hitting fresh 34-year highs. By late afternoon the dollar was trading at 154.41 yen, up from 154.27 yen.
The euro slipped to $1.0621 from $1.0626.
Elsewhere in Asia, Taiwan’s Taiex led the regional decline, falling 2.7%. Markets in Bangkok were closed for Songkran holidays.
In South Korea, the Kospi declined 2.3% to 2,609.63, while Australia’s S&P/ASX 200 fell 1.8% to 7,612.50.
Address of this article:http://tromelinisland.argoasecurityeu.com/html-31f099945.html
Very good!(82776)
Related articles
- Strictly star Giovanni Pernice's former partner Rose Ayling
- Major High
- China Starts Pilot Program to Build Better Urban Communities
- China Downs Japan for 3rd Straight Victory at Women's Volleyball Worlds
- Biden says Brown v. Board of Education ruling was about more than education
- Autumn Harvest Across China
- Cut Flower Develops Well in Zhaoxian Town, Shandong
- Highlights of BWF World Tour Finals 2023
- Georgia Republicans choose Amy Kremer, organizer of pro
- People's Daily Life During New Year Holiday Across China
Popular articles
Recommended
Red Lobster seeks bankruptcy protection after closing some restaurants
Across China: Education Paves Broader Way for Students in Former China Revolutionary Base
7th Sanya Int'l Cultural Industry Fair Opens in Sanya, S China's Hainan
Beijing Central Axis to Compete for World Cultural Heritage Status
Georgia Republicans choose Amy Kremer, organizer of pro
Healthier School Meals Help Rural Students Grow
Paddy Rice Harvest in Huangfu Village, Northwest China's Shaanxi
China Issues Special Stamps Marking Year of the Rabbit
Links
- Homegrown chatbot throws hat in AI ring
- International hot air balloons festival opens in Gansu
- AI begins to feature prominently in 2024 Hurun Global Rich List: report
- Homegrown chatbot throws hat in AI ring
- Children's Alka Tournament held in Brnaze, Croatia
- Xinhe County in Hebei promotes handmade dried noodles to raise income
- Artists take part in art competition in Vancouver, Canada
- China endeavors to build characteristic towns
- Shanghai, Beijing, other cities improve foreigners' payment service
- Wukesong Sports Center for 2022 Beijing Winter Olympics completed