Asian Stocks Mixed as Wall Street Nears Bull Market

1 min read
Source: The Associated Press
Asian Stocks Mixed as Wall Street Nears Bull Market
Photo: The Associated Press
TL;DR Summary

Asian shares were mixed as China reported a decline in exports and imports, indicating a slowing of its economic recovery. Meanwhile, Wall Street had a day of listless trading, with the S&P 500 rising 0.2% and the Dow Jones Industrial Average edging up by less than 0.1%. Investors are watching for signs of a recession or falling inflation that could prompt the Federal Reserve to cut interest rates. In the cryptocurrency world, Coinbase Global tumbled 12.1% after the Securities and Exchange Commission charged it with operating its trading platform as an unregistered national securities exchange, broker and clearing agency.

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