Japan's Nikkei hits a new record as inflation accelerates; Hong Kong stocks fall nearly 2%
Publishing timestamp: 2024-03-22 03:34:10
Summary
Japan's Nikkei 225 hits all-time high as inflation accelerates, while other Asia-Pacific markets decline. U.S. markets hit fresh records after Federal Reserve holds rates steady. UBS recommends diversifying tech investments outside U.S. RBC identifies companies poised to benefit from AI boom. Gold prices soar after Fed announcement. Apple suppliers in Asia fall after DOJ sues Apple in antitrust case. Taiwan raises policy rate. South Korea's producer price index rises. Reddit pops 38% in NYSE debut. Industrials and financial stocks outperform in S&P 500. Apple shares slide after antitrust lawsuit.
Sentiment: MIXED
Tickers: CMA, BLDR, .AXJO, 2330-TW, .SSEC, .HSI, BLK, .DJI, XAU=, .SPX, .DXY, .SZI, CFG, CMI, .N225, @CL.1, .IXIC, UBER, GS, 9866-HK, AAPL, 2015-HK, ROK, AUD=, 9868-HK, .TWII, BX, SWK, CAT, .KS11, @LCO.1, PYPL, 2317-TW, JPY=, RJF,
Keywords: australian dollar/us dollar fx spot rate, australia, nasdaq composite, shenzhen component index, breaking news: asia, kospi index, world markets, dow jones industrial average, s&p 500 index, prices, taiwan weighted index, economic events, hang seng index, shanghai, usd/jpy, asia economy, breaking news: markets, s&p/asx 200, wti crude (mar'23), dxy us dollar currency index, ice brent crude (apr'23), markets, business news, nikkei 225 index,
Source: https://www.cnbc.com/2024/03/22/asia-markets.html