Hong Kong stocks drop 2% as China exports fall more than expected
Publishing timestamp: 2024-04-12 04:10:34
Summary
Asia-Pacific markets were mixed after a selloff, with China's exports falling more than expected. Singapore's GDP grew faster than expected, while South Korea's unemployment rate rose. In the US, tech shares led to gains in the S&P 500 and Nasdaq Composite. Goldman Sachs refreshed its top picks in Asia Pacific for April. Oil prices fell as worries about inflation overshadowed fears of potential Iranian strike on Israel. New York Federal Reserve President John Williams expects inflation to continue to pull back this year.
Sentiment: MIXED
Tickers: NVDA, .SZI, AMZN, .SSEC, .DXY, .KS11, @CL.1, .AXJO, .IXIC, .SPX, @LCO.1, AUD=, GOOGL, AAPL, JPY=, .DJI, .HSI, .N225,
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Source: https://www.cnbc.com/2024/04/12/asia-markets-live-updates.html