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Asia-Pacific markets higher after U.S. stocks bounce back from rout - TL;DR CNBC

Asia-Pacific markets higher after U.S. stocks bounce back from rout

Publishing timestamp: 2024-08-09 03:31:35


Summary

Global markets closed higher following gains on Wall Street after new labor market data boosted investor confidence in the U.S. economy. China's consumer price index beat estimates, while producer price index fell slightly less than forecast. Initial filings for unemployment insurance in the U.S. were lower than anticipated, offering some relief amid signs of slowing job growth.


Sentiment: MIXED

Tickers: .N225.DJI.KS11.SPX.AXJO.IXIC

Keywords: economic eventsbreaking news: marketsmarketslabor economyworld marketsbusiness newsnikkei 225 indexchicagochinaosakaasia economyunited statesjapansouth koreaaustralia

Source: https://www.cnbc.com/2024/08/09/asia-markets-live-updates-china-cpi-ppi-nikkei-225.html


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