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Published 13 days ago

Stock market today: Asian benchmarks are mixed while US seems committed to current rates

Summary by KRDO
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may stay high for a while. Japan’s benchmark Nikkei 225 dipped 0.5% in afternoon trading to 38,296.69. Australia’s S&P/ASX 200 edged up less than 0.1% to 7,618.50. South Korea’s Kospi was little changed, inching down to 2,608.93. Hong Kong’s Hang Seng slipped 0.2% to 16,219.84, while the Shanghai Compos…

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