Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 350 points on Thursday. The Dow traded down 0.70% to 51,153.35 while the NASDAQ dipped 0.70% to 26,746.39. The S&P 500 also fell, dropping, 0.46% to 7,670.50. Leading and Lagging Sectors Energy shares jumped by 1.7% on Thursday. In
Markets says top commodity gainers include Copper up 2.18% and Silicon up 1.91%. Biggest losers include Lithium Carbonate down and Gold down.
The New York Fed's Empire State Manufacturing Index surged to 20.6 in August from 15.6 in the prior month, topping market estimates of 11.
U.S. stocks traded lower midway through trading, with the S&P 500 falling over 1% on Thursday. The Dow traded down 0.92% to 51,738.04 while the NASDAQ declined 2.03% to 25,169.19. The S&P 500 also fell, dropping, 1.16% to 7,412.12. Leading and Lagging Sectors Industrials shares jumped by 2% on Thursday. In trading on T