Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a722121

Overnight Markets: US stocks fall on retail data

by Himanshu Singh on Dec 03, 2013 at 03:12

In Asia, shares outside Japan declined as signs the US economy is strengthening fuelled speculation that the Federal Reserve will soon start tapering stimulus.

The MSCI Asia Pacific excluding Japan Index dropped 0.5% to 472 as of 10:35 a.m. in Tokyo. Japan’s Topix index rose 0.5% after the yen fell to a six-month low versus the dollar. The MSCI Asia Pacific Index, which includes Japan, lost 0.2% to 141.

Hong Kong’s Hang Seng Index retreated 0.7% and China’s Shanghai Composite Index dipped 0.3%. South Korea’s Kospi index dropped 0.7%.

Australia’s S&P/ASX 200 Index lost 0.3% and New Zealand’s NZX 50 Index declined 0.7%. Singapore’s Straits Times Index and was little changed Taiwan’s Taiex index declined 0.3%.

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

More about this:

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet