Asian stocks were mixed Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group...
BEIJING — Asian stocks were mixed Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices.The Kospi KR:180721 in... BEIJING — Asian stocks were mixed Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices.
On Wall Street, the S&P 500 SPX declined to 3,783.28. The benchmark was coming of its strongest two-day rally in 2 1/2 years. The yield on the two-year Treasury bond, or the difference between the market price and the payout at maturity, rose to 4.13% from 4.10% late Monday.
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