Tech leads Asia stock selloff, yen gains in volatile week for markets
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
|
38,763.45 | -234.21 | 0.60%Negative |
|
trading lower
Nasdaq Composite Index
.IXIC |
16,195.81 | -171.05 | 1.05%Negative |
|
trading lower
S&P 500 Index
.SPX |
5,199.50 | -40.53 | 0.77%Negative |
Fixed income
US 10-year notes yield rose 7 basis points to 3.958%, from 3.888% late on Tuesday.
US 30-year bond yield rose 8.1 basis points to 4.2579%.
US 2-year yield fell 0.2 basis points to 3.9827%, from 3.985% late on Tuesday.
Equities
Tech shares led a selloff in stock markets around Asia, while the yen and U.S. bonds rebounded, as global investors struggled to find their footing in a wild week for markets.
Nikkei last -1%, down more than 3% for the week.
Taiwan’s tech-heavy stock benchmark (.TWII), sagged 2%
Hang Seng lost 1%.
MSCI’s broadest of APAC declined 0.8%.
Forex
JPY appreciated 0.86% to 145.43, last trading at 146.17.
CHF added 0.3%. EUR rised to $1.0925
DXY down slightly at 103.09.
Commodities
Brent rose 0.3% to $78.56 after Wednesday’s 2.4% jump.
Crude gained 0.4% to $75.52.
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