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Asia-Pacific markets mostly lower as investors digest inflation data from the region - TL;DR CNBC

Asia-Pacific markets mostly lower as investors digest inflation data from the region

Publishing timestamp: 2024-03-25 03:44:11


Summary

Asia-Pacific markets were mostly lower as investors monitored inflation data. Singapore and Malaysia reported higher-than-expected inflation. Meituan's shares jumped after strong revenue report. Recommendations for investing $1 million range from tech to AI. Market may be getting ahead of itself with expectations of rate cuts. Wells Fargo expects stock market to keep moving higher. Wall Street analysts are sticking by Apple despite antitrust lawsuit.


Sentiment: MIXED

Tickers: .DXY,  .AXJO,  .SSEC,  .HSI,  .N225,  @LCO.1,  3690-HK,  .SPX,  .KS11,  AUD=,  @CL.1,  JPY=,  .IXIC,  AAPL,  .SZI,  .DJI, 

Keywords: nikkei 225 index,  markets,  usd/jpy,  breaking news: markets,  kospi index,  s&p 500 index,  wti crude (mar'23),  nasdaq composite,  asia economy,  breaking news: asia,  australia,  shanghai,  hang seng index,  dxy us dollar currency index,  prices,  economic events,  ice brent crude (apr'23),  shenzhen component index,  dow jones industrial average,  world markets,  s&p/asx 200,  business news,  australian dollar/us dollar fx spot rate, 

Source: https://www.cnbc.com/2024/03/25/asia-markets.html


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