US EditionEuropean shares are mixed and Asian stocks fall after Wall St rally hits pause
South Korea's Kospi surged 1.7%, led by tech gains including SK Hynix's 8.2% rise, despite falls in major Asian indexes after Wall Street's recent pullback.
- European shares traded mixed and most Asian markets fell on Friday after Wall Street's recent rally took a pause.
- This broad downturn followed investors’ reassessment after a strong global run largely fueled by expectations of Federal Reserve rate cuts and concerns about trade tensions.
- Germany’s DAX edged up by 0.2% to reach 24,652.73, Britain’s FTSE 100 dipped 0.1% to 9,498.95, and South Korea’s Kospi jumped 1.7% after markets reopened following a holiday.
- Gold dropped 2.4% to dip below $4,000 per ounce, while the Dow Jones Industrial Average fell 0.5% to 46,358.42.
- These movements suggest markets are reacting to a combination of profit-taking, persistent inflation pressures, and shifting economic expectations.
21 Articles
21 Articles
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Asian shares are mostly lower following Wall Street's pause from its feverish rally - The Morning Sun
MANILA, Philippines (AP) — Asian shares mostly fell on Friday, after a respite from Wall Street's recent feverish rally. The price of gold also pulled back from record highs following recent torrid runs. U.S. futures and oil prices were higher. Nealy all Asian indexes were down, with the exception of South Korea's Kospi, which climbed 1.3% to 3,596.36 as trading reopened after a holiday. The surge was fueled by a rally of tech shares including S…
European shares are mixed and Asian stocks fall after Wall St rally h
MANILA, Philippines (AP) — European shares were mixed in early trading while Asian shares mostly fell on Friday after a respite from Wall Street’s recent feverish rally. The price of gold also pulled back from record highs following recent torrid runs. The futures for the S&P 500 and the Dow Jones Industrial Average were both up less than 0.1%. Oil prices slipped. In early European trading, Germany’s DAX rose 0.2% to 24,652.73, while France’s CA…
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