Asian Markets Decline Following Wall Street's End of Winning Streak

Reported about 2 months ago

Asian shares mostly fell on Wednesday as a downturn on Wall Street ended an eight-day winning streak. Japan's Nikkei 225 dropped 0.8%, Australia's S&P/ASX 200 lost 0.5%, and South Korea's Kospi fell 0.1%. Key factors include Japan's trade deficit report and upcoming remarks from Federal Reserve Chair Jerome Powell that may indicate future interest rate cuts. Despite the market dips, companies in the S&P 500 are expected to report solid earnings growth.

Source: YAHOO

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