Business & Finance
Asian Stocks, Bonds to Fall on Hawkish Fed Signals: Markets Wrap
Key Points
Asian Stocks, Bonds to Fall on Hawkish Fed Signals: Markets Wrap Asian stocks and bonds were poised to track US losses after the Federal Reserve signaled rates may need to rise further to contain inflation. Equity-index futures for Japan, South Korea and Australia pointed to lower opens across the region. The S&P 500 fell 1.2% to close near its session low, while the Nasdaq 100 dropped 1%.
Asian Stocks, Bonds to Fall on Hawkish Fed Signals: Markets Wrap
Asian stocks and bonds were poised to track US losses after the Federal Reserve signaled rates may need to rise further to contain inflation.
Equity-index futures for Japan, South Korea and Australia pointed to lower opens across the region. The S&P 500 fell 1.2% to close near its session low, while the Nasdaq 100 dropped 1%. US stock futures edged higher in early Asian trading, offering a measure of relief after Wednesday’s selloff. US oil declined at Thursday’s open.