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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Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Global Markets End Week Mixed; Asian Stocks Mixed; US Yields Top 5%
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Oil rose for a second straight day while Asian stocks weakened as tensions between the US and Iran escalated, reviving inflation concerns an
Oil rose for a second straight day while Asian stocks weakened as tensions between the US and Iran escalated, reviving inflation concerns and increasing expectations of a Federal Reserve interest-rate hike. [12:29 ET] Fed's Waller: worried about equally likely scenario that stricter policy will be required. May need hi