"Evergrande Liquidation Sends Ripples Through Global Markets"

1 min read
Source: CNBC
"Evergrande Liquidation Sends Ripples Through Global Markets"
Photo: CNBC
TL;DR

Asia-Pacific markets rose, except for Hong Kong, following Evergrande's liquidation order; Japan's unemployment rate fell, while the U.S. S&P 500 closed at a record high; Dow underperforms in January due to Boeing, Walgreens, and Intel; Oil prices fell as China's property crisis raised concerns about its economy; U.S. Treasury Department reduces estimate for first-quarter borrowing, sparking a rally for bonds and stocks.

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