Tue, 21-Oct-2025

Asian stocks follow US lower on negative consumer sentiment

Asian stocks

Nasdaq Composite fell 3% and S&P 500 closed 2% lower. Hong Kong-listed technology firms led the loss, with the Hang Seng Tech index falling up to 2.4%. Japan’s Topix fell by 0.9%, South Korea’s Kospi plunged 1.9%. Asian stocks followed US equities lower on Wednesday after a disappointing US consumer sentiment survey eroded investor confidence. … Read more

Stocks climb after China rate cut

Stocks climb

Global shares rebounded Friday on China’s interest price cut, after having slumped yesterday on fears that sky-excessive inflation could spark an international downturn. “Markets were seeking out an excuse to dance, and a China price cut provided the reason,” IG analyst Chris Beauchamp instructed. “It isn’t much when set against the broader (rate) tightening we … Read more