Stock market news: Asian stock prices slightly decrease following record highs on Wall Street

Reported 6 months ago

Asian shares were mixed with Japan's Nikkei 225 up 1.1% after Nvidia's soaring earnings boosted investor sentiment, while Australia's S&P/ASX 200 fell 0.5% and South Korea's Kospi added 0.2%. Hong Kong's Hang Seng dropped 1.3% and the Shanghai Composite declined 1.0%. Wall Street indexes retreated from records due to concerns about high interest rates, with the S&P 500 falling 0.3% and the Dow Jones Industrial Average sinking 0.5%. The Federal Reserve's minutes indicated a possible rate hike if inflation worsens, impacting market expectations.

Source: YAHOO

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