(RTTNews) – China’s inventory market has risen in two of the 3 business days since the end of the 3-day streak of consecutive losses in which it had risen more than 35 issues or 1%. The Shanghai Composite Index is now just above 3,600. Plateau, further consolidation is likely to occur on Wednesday.
Global forecasts for Asian markets are weak due to considerations about the outlook for interest rates and economic recovery. European and U. S. markets fell sharply and Asian stock markets are expected to adapt.
The SCI closed higher on Tuesday following gains in currency stocks, resource stocks and property stocks.
For the day, the index added 19. 39 issues or 0. 54% to end at 3,602. 22 after trading between 3,568. 82 and 3,610. 92. The Shenzhen Composite Index fell 4. 36 issues or 0. 18% to end at 2,402. 20.
Wall Street’s lead is sometimes negative, as primary averages opened solidly in the red on Tuesday and remained so throughout the session.
The Dow Jones fell 569. 38 issues or 1. 63% to end at 34,299. 99, while the NASDAQ sank 423. 29 issues or 2. 83% to close at 14,546. 68 and the S
Technology stocks contributed to the markets’ slump amid continued emerging returns on Treasury bills. Continuing the upward movement seen since the Federal Reserve’s announcement last week, the benchmark ten-year yield reached its levels in more than 3 months.
Treasury yields, which move in contrast to bond prices, came as the Fed announced plans to begin cutting asset purchases in the near future.
Crude oil futures ended lower on Tuesday, ending a five-day streak of back-to-back victories as a sell-off in stock markets and a stronger peso in the commodity. a barrel.