US Interest Rates Rise, Asian Markets Prepare for Recovery

Reported about 8 hours ago

Following a surprising jobs report that sparked a reevaluation of the Fed's interest rate policy, U.S. Treasury yields climbed above 4%, impacting Wall Street's outlook. Meanwhile, as Chinese markets prepare to reopen after the Golden Week holiday, investors are closely monitoring aggressive stimulus measures from Beijing aimed at revitalizing the economy. Despite U.S. market fluctuations, Asian shares saw gains, led by Japan's Nikkei index.

Source: YAHOO

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