(RTTNews) – Singapore’s inventory market ended up declining on consecutive business days, giving up more than 25 issues or 0. 8% along the way. The Straits Times index is now just below the 3,075-point plateau, most likely to prevent bleeding. on Thursday.
Global forecasts for Asian markets are cautiously optimistic, the increase possibly being limited due to weak oil and generation inventories. European markets rose and U. S. stock markets rose. USA They were mixed, and Asian markets counted to split the difference.
The STI ended lower on Wednesday following asset losses, gains in trading stocks and a combined picture of currency stocks.
For the day, the index lost 3. 38 issues or 0. 11% to end at 3,074. 31 after trading between 3,060. 54 and 3,089. 09. The stock volume of $1. 98 billion is valued at S$1. 19 billion. There were 256 rejections and 194 winners.
Wall Street’s advantage combines when primary averages opened higher on Wednesday; Dow Jones and S
The Dow Jones rose 90. 73 issues or 0. 26% to end at 34,390. 72, while the NASDAQ lost 34. 24 issues or 0. 24% to close at 14,512. 44 and the S
The volatility on Wall Street came as investors were closely following bond markets following the recent rally in Treasury yields. Stocks first benefited from a drop in yields, prompting investors to scare away bargains, but yields rose over the course of the session. , with the ten-year yield reaching a new final high of three months.
The performance recovery came after Federal Reserve Chairman Jerome Powell warned that inflation may lag behind more than in the previous idea due to supply chain issues.
Crude oil futures stabilized the decline on Wednesday, weighed down by a stronger dollar and a buildup in U. S. crude inventories last week. West Texas Intermediate crude oil futures for November fell $0. 46 or 0. 6% to $74. 83 a barrel.