Asian stocks follow Wall St lower after Fed rates signal
Asian stocks follow Wall St lower after Fed rates signal
By JOE McDONALD
BEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday after investors saw minutes from a Federal Reserve meeting as a sign the U.S. central bank might hike interest rates faster to cool inflation.
Shanghai, Tokyo, Hong Kong and Sydney retreated. Oil prices fell.
On Wednesday, Wall Street’s benchmark S&P 500 index fell by its biggest daily margin in four…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.