Reported about 2 months ago
Asian stocks dipped on Wednesday as a global stock rebound stalled, with investors awaiting key U.S. economic data and Federal Reserve speeches that may indicate interest rate cuts. The S&P 500 fell by 0.2%, while Hong Kong's Hang Seng dropped 1.4%. The dollar weakened, pushing gold to record highs, and interest rate futures now reflect expectations of potential rate cuts, creating a cautious atmosphere in the markets.
Source: YAHOO