Asia markets mixed as Wall Street rally falters; India inflation data on deck
Publishing timestamp: 2024-03-14 03:51:21
Summary
Asia-Pacific markets were mixed after Wall Street's tech-fueled rally dissipated. Japan's wage negotiations could lead to Bank of Japan unwinding its monetary policy. India's wholesale inflation slowed more than expected. Reliance Industries to purchase Paramount Global's stake in Viacom18 Media. South Korea's National Pension Service supports plan to resolve "Korea discount." Singapore's Singtel refutes reports of offloading Optus. Australian gold miners surge as spot gold prices near all-time highs. United States Steel Corp plunges on concerns over acquisition by Nippon Steel Corp. Asset manager sees promise in Chinese stocks. Crude oil futures jump after Ukraine strikes refineries in Russia. Barclays sees AI automating customer support requests. Tesla shares drop after Wells Fargo downgrade.
Sentiment: MIXED
Tickers: .DXY, AUD=, @CL.1, .N225, .DJI, .SSEC, EVN-AU, .IXIC, AAPL, .KS11, STEL-SG, META, X, LYFT, RBLX, .SZI, .AXJO, TSLA, NVDA, NST-AU, @LCO.1, JPY=, .HSI, XAU=, .SPX,
Keywords: usd/jpy, economic events, business news, s&p 500 index, breaking news: markets, dow jones industrial average, wti crude (mar'23), ice brent crude (apr'23), markets, asia economy, hang seng index, shenzhen component index, australia, meta platforms inc, apple inc, nikkei 225 index, shanghai, australian dollar/us dollar fx spot rate, nvidia corp, breaking news: asia, nasdaq composite, kospi index, prices, world markets, dxy us dollar currency index, s&p/asx 200,
Source: https://www.cnbc.com/2024/03/14/asia-markets-india-wpi-inflation-japan-shunto.html