Asian markets drift after Wall Street pushes to new high

BEIJING — Asian stock markets declined Monday after Wall Street hit a new high as investors looked ahead to manufacturing indicators from Japan, China and South Korea.Investors have been encouraged by progress in Washington on an infrastructure spending plan. Markets have recovered from the Federal Reserve’s announcement that it might start raising interest rates sooner than expected.The Shanghai Composite Index SHCOMP, -0.25% rose less than 0.1% to 3,609.43 while the Nikkei 225 NIK, -0.

Production is recovering from last year’s plunge but faces shortages of processor chips and other disruptions. On Friday, the Commerce Department said one inflation measure closely watched by the Fed increased 0.4% in May and is up 3.9% over the past 12 months, well above the Fed’s 2% target.

Source: Digital Coin News (digitalcoinnews.net)

Always showing pictures of people wearing mask. It’s marketing for trying to normalize it. We know your games. They will end soon. Sincerely, The Revolution

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