Hong Kong stocks reverse losses as investors assess key China data; Nikkei tumbles almost 2%
Publishing timestamp: 2024-06-17 03:19:09
Summary
The People's Bank of China kept its lending facility rate unchanged, with China's retail sales beating expectations but industrial output and fixed asset investment missing forecasts. Asian markets were mostly lower as they assessed the economic data from China. In the US, the Nasdaq Composite had a fifth straight winning session while the S&P 500 and Dow Jones Industrial Average saw losses.
Sentiment: MIXED
Tickers: .HSI, .AXJO, .N225, .KS11, .DJI, .SPX, .IXIC,
Keywords: breaking news: markets, world markets, markets, hang seng index, asia economy, s&p 500 index, kospi index, nikkei 225 index, business news,
Source: https://www.cnbc.com/2024/06/17/asia-stock-markets-.html