Asian stocks slip ahead of Fed decision and tech earnings

Briefing by News4U · First published

Hong Kong's Hang Seng Index rose while Shanghai, Tokyo and Seoul markets fell on Monday as investors awaited central-bank decisions and earnings from Amazon, Microsoft and Alphabet.

Asian stocks slipped on Monday ahead of key central-bank decisions and earnings from Amazon, Microsoft and Alphabet, with investors questioning returns on AI spending. [1] [2]

Hong Kong's Hang Seng Index opened up 63 points, or 0.28 percent, at 23,156, while the Shanghai Composite fell 19 points, or 0.53 percent, to 3,671; Tokyo's Nikkei dropped 188 points and Seoul's Kospi lost 54 points. [1]

Sources

  1. HK rises as region slips ahead of key tech earnings

    RTHK Finance · · Excerpt

  2. Asian Stocks Decline as Appetite for Risky Assets Ebbs

    WSJ Markets · · Summary only

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