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Most Asia Stocks Drop; Powell Downplays Volatility: Markets Wrap
Japanese and Australian equities fell, while Hong Kong stocks found some support from Tencent Holdings Ltd. earnings that beat expectations. S&P 500 stock futures retreated, suggesting further declines in the U.S. after a slide of almost 4 percent in the past week. Powell in a question-and-answer session Wednesday played down recent turbulence in the stock market, saying equity volatility was only one of many factors that the Fed takes into account.
https://finance.yahoo.com/news/asia-stocks-face-mixed-start-213947928.html?.tsrc=rss
Japanese and Australian equities fell, while Hong Kong stocks found some support from Tencent Holdings Ltd. earnings that beat expectations. S&P 500 stock futures retreated, suggesting further declines in the U.S. after a slide of almost 4 percent in the past week. Powell in a question-and-answer session Wednesday played down recent turbulence in the stock market, saying equity volatility was only one of many factors that the Fed takes into account.
https://finance.yahoo.com/news/asia-stocks-face-mixed-start-213947928.html?.tsrc=rss
