Asian stock markets declined Monday after Wall Street ended last week lower and China tightened anti-virus controls.
The Nikkei 225 JP:NIK in Tokyo lost 0.1% while the Hang Seng HK:HSI in Hong Kong tumbled 1.6%.
Wall Street’s benchmark S&P 500 index SPX ended down 1.1% on Friday after U.S. government data showed hiring slowed in August. The number of jobs added still was big enough that forecasters said the Federal Reserve might see it as evidence more interest rate hikes are needed to bring down inflation that is at a four-decade high.
The Fed has raised interest rates four times this year, twice by 0.75 percentage points, triple its usual margin. Forecasters warned that high wage gains might reinforce the Fed’s belief that more aggressive rate hikes are needed.The U.S. market has given up much of the gains made in July and August when traders hoped the Fed might ease up.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
J'ouvert street closures start Sunday night before West Indian Day Parade in Brooklyn on MondayThe pre-dawn celebration called J'ouvert that leads into the West Indian Day Parade is just hours away and many participants were busy Sunday night with last-minute preparations. ThaliaPerezTV reports.
Lire la suite »
J'ouvert street closures start at 11 p.m. Sunday before West Indian Day Parade in BrooklynJ'ouvert street closures start at 11 p.m. tonight before a day of celebrations Monday in Brooklyn.
Lire la suite »
Volkswagen boards to discuss Porsche listing on MondayVolkswagen's management and supervisory boards will discuss at a meeting on Monday whether the long-anticipated listing of sportscar brand Porsche in late September or early October should go ahead, the carmaker said on Saturday.
Lire la suite »
Sotheby’s First Singapore Auction in 15 Years Is a Success, Signaling Southeast Asian Art Market’s StrengthAt its first auction in Singapore in 15 years, Sotheby's brought in $17.5 million, signaling the southeastern Asian market's strength. Read more from artnews.
Lire la suite »
Spare the Air Alert Issued Through Monday: What It MeansA Spare the Air alert has been issued through Monday due to triple-digit temperatures that are expected to combine with vehicle exhaust to create unhealthy levels of smog.
Lire la suite »
Diamondbacks prospect Ryne Nelson to make MLB debut Monday vs. PadresPitching prospect Ryne Nelson will make his major league debut on Monday night in San Diego.
Lire la suite »