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Overnight Markets: S&P 500 and Nasdaq dip on Yellen's comments
by Himanshu Singh on Jul 16, 2014 at 03:26
In Asia, shares oscillated between gains and losses on Wednesday after the Fed said some sectors of the US equity market have excessive valuations and banks reported better-than-estimated earnings.
The MSCI Asia Pacific Index was little changed at 147 as of 9:41 a.m. in Hong Kong. Japan’s Topix index added 0.3%, while South Korea’s Kospi index and New Zealand’s NZX 50 Index were little changed.
Australia’s S&P/ASX 200 Index retreated 0.1%. Singapore’s Straits Times Index added 0.2% and Taiwan’s Taiex Index lost 0.2%.
Hong Kong’s Hang Seng Index gained 0.1% and the Shanghai Composite Index slipped 0.1%.
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by James Phillipps on Jul 25, 2014 at 14:49