"Asia's Mixed Trading as US Consumer Confidence Boosts Wall Street"

1 min read
Source: The Associated Press
"Asia's Mixed Trading as US Consumer Confidence Boosts Wall Street"
Photo: The Associated Press
TL;DR

Asian shares were mixed as Japan's Nikkei 225 and Australia's S&P/ASX 200 gained, while South Korea's Kospi, Hong Kong's Hang Seng, and China's Shanghai Composite fell. Heavy selling of Chinese technology and property shares contributed to the decline. Oil prices remained stable ahead of an OPEC meeting. On Wall Street, the S&P 500 and Dow Jones Industrial Average edged up, while the Nasdaq composite saw a slight gain. Consumer confidence in the US remains strong, and hopes are rising that the Federal Reserve will keep its benchmark interest rate steady.

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