Reported 11 months ago
Asian stocks had a mixed performance with Japan's Nikkei 225 dropping slightly while Hong Kong's Hang Seng and Shanghai Composite index fell, and Australia's S&P/ASX 200 rose. On Wall Street, the S&P 500 set a new high, with the Dow Jones Industrial Average increasing, and the Nasdaq composite slipping. Notably, retailers like Big Lots and Five Below faced challenges due to lower-income customer spending struggles, highlighting a potential economic impact. U.S. job market data, showing a slight softening in worker productivity and more unemployment benefit applications last week, could impact market sentiment.
Source: YAHOO