Asian Stocks Fall as Trump Trade Momentum Falters

Reported 11 days ago

Asian stocks declined on Wednesday following Wall Street's slowdown, as the enthusiasm over Donald Trump's policies waned. Japan's Nikkei dropped 1.7%, while South Korea's Kospi fell 2.6% amid rising wholesale inflation. U.S. futures also dipped with rising Treasury yields adding pressure on markets, reflecting a more resilient U.S. economy. Bitcoin reached a new peak before retreating, underlining fluctuating trends in both stock and cryptocurrency markets.

Source: YAHOO

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