Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent

8 months ago 8

Asian markets retreated Friday, with Hong Kong’s benchmark falling nearly 2%, after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon. Oil prices and U.S. futures fell. Hong Kong's Hang Seng was down 1.7% at 16,676.70 after reports said housing prices have continued to fall since February.

Article From: ca.finance.yahoo.com
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