Asian shares were mixed Thursday after U.S. stocks fell on worries that what had seemed like a blip in the battle to bring down inflation may be a troubling trend. Oil prices edged higher and U.S. futures were flat. South Korean shares were little changed after the ruling conservative party…
BANGKOK (AP) Asian stocks were mixed Thursday after U.S. stocks fell on concerns over what appeared to be a market incident. battle to bring down inflation can be a troubling trend. Oil prices rose slightly and US futures remained stable. South Korean stocks were little changed after the ruling conservative party suffered a decline. […]
U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend. The S&P 500 lost 0.9% Wednesday.
Treasury yields also leaped in the bond market, raising the pressure on the stock market, after a report showed inflation was hotter last month than economists expected.