Wednesday, May 7, 2025

Asian stocks start cautiously after Fed holds rate

A regional gauge fell 0.4% and equity-index futures for the US were flat in early Asian trading. Chipmakers led the charge in the US session as Bloomberg News reported that the Trump administration planned to rescind Biden-era curbs for AI-related exports. The Nasdaq Golden Dragon China Index dropped the most in almost three weeks Wednesday.

from Economic Times https://ift.tt/5H27jXE

No comments:

Post a Comment

Geopolitical uncertainty clouds outlook, but defence story remains strong: Ashi Anand

Market direction is highly fluid due to US-Iran conflict news, with sentiment shifting daily. While recent market corrections offer accumula...