SHANGHAI - Shares in Asia fell on Tuesday as readings on China’s manufacturing activity failed to meet expectations, underscoring weakness in the world’s second-largest economy despite Beijing’s attempts to spur growth.
The dollar-denominated MSCI index of Chinese shares dropped 0.8 percent. But Chinese blue chips in Shanghai and Shenzhen kept losses in check, losing less than 0.1 percent as investors maintained hopes for further measures to prop up the economy. Even before the China data, Asian investors had shrugged off cautious gains on Wall Street overnight that had lifted the S&P 500 index to an intraday record high of 2,949.52. The index finished up 0.11 percent at a record closing high of 2,943.03.[.N]
The Fed is widely expected to leave interest rates unchanged, as it seeks to balance robust economic growth against low inflation. The yield on benchmark U.S. 10-year Treasury notes retreated to 2.527 percent as of 2330 GMT Tuesday after rising to a close of 2.536 percent Tuesday on the strong consumer spending data.
What’s app space good Asian
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian shares rise on strong U.S. GDP, eyes on Fed, ChinaAsian stock markets edged up on Monday after surprising strong U.S. first-quarte... Let's bet us markets go up tomorrow & Drumpf said 'I did it'. DelusionalDonald
Source: Reuters - 🏆 2. / 97 Read more »
U.S., China data send Asian shares higher, Europe to followAsian shares climbed on Monday, with markets in Europe poised to track their gai...
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares dip as investors await China data, FedShares in Asia fell on Tuesday despite another record high close for the S&P 500... China Manufacturing data barely had a heartbeat
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares slip; German, Korean data hurt risk appetiteAsian shares slipped on Thursday as a surprise deterioration in German and South... Red is the new green in China - better match your pictures with title ;)
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares dip; euro weighed by sagging German business moraleAsian shares slipped on Thursday as a surprise deterioration in German business ... So why are you showing a picture of the Nikkei up 500 points
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares fall despite strong Wall Street; dollar near 22-month highEquity markets in Asia faltered on Wednesday, amid losses in South Korea and wor... Gracias a realDonaldTrump Wall Street isn't the US Economy!
Source: Reuters - 🏆 2. / 97 Read more »
World shares fall as China stimulus worries offset upbeat Credit Suisse earningsWorld shares took a step back on Wednesday as signals that China has put broader...
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares up after Nasdaq, S&P 500 hit record highsEquity markets in Asia rose on Wednesday morning after upbeat earnings helped th...
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares up, sentiment still fragile after U.S. GDPAsian shares rebounded on Monday after strong U.S. first-quarter economic growth... Was US GDP to large to handle?
Source: Reuters - 🏆 2. / 97 Read more »
Asia shares subdued, dollar pins hopes on U.S. GDPAsian shares got off to a subdued start on Friday, while the dollar held near tw...
Source: Reuters - 🏆 2. / 97 Read more »
Asia shares doze off, dollar perky on GDP hopesAsian shares drifted off in sleepy trade on Friday, while the dollar held around...
Source: Reuters - 🏆 2. / 97 Read more »