KURE - Asia-Pacific stocks muted as global stocks search for new highs on last trading day of 2023
2023-12-29 02:27:29 ET
Japan ( NKY:IND ) -0.22% . Japan’s 10-year government bond yield rose above 0.6% and was headed for its fourth straight annual gain amid growing speculation that the Bank of Japan could end its negative interest rate policy next year.
China ( SHCOMP ) +0.61%. The mainland stocks rising for the third straight session as expectations of further policy easing and attractive valuations in China prompted aggressive buying from investors.
Hong Kong ( HSI ) -0.07% .
India ( SENSEX ) -0.21% .
Australia ( AS51 ) -0.31% .
In the U.S. on Thursday, all three major indexes ended mostly muted , near all-time highs, amid expectations that the Federal Reserve will cut interest rates next year.
U.S. stock futures held steady on Friday as investors look ahead to the final trading day of 2023, with Wall Street set to book strong annual gains: Dow +0.12% ; S&P 500 +0.18% ; Nasdaq +0.16% .
Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ).
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Asia-Pacific stocks muted as global stocks search for new highs on last trading day of 2023