Sep
10
Asian Stocks Open Mixed, Hover Near One-Year Low: Markets Wrap
By-
FANG stocks extended drop, but most U.S. stocks held gains
- Pound jumped after EU negotiator said Brexit deal realistic
Asian stocks open mixed after their U.S. counterparts eked out modest gains amid lingering concerns about trade tensions. The dollar held Monday losses, while the pound was higher after upbeat Brexit comments from the European Union’s chief negotiator.
Equity indexes advanced in Japan and were little changed in Australia and South Korea, leaving the MSCI Asia Pacific Index lingering near a one-year low. Futures fell in Hong Kong and China. The S&P 500 Index broke a four-day slide even as so-called FANG stocks underperformed. U.S. two-year note yields hovered near the highest level in a decade in the run-up to an anticipated Federal Reserve interest-rate hike later this month…
Asian Stocks Open Mixed, Hover Near One-Year Low: Markets Wrap
