Stock markets worldwide experience declines amid concerns over the Chinese property market, rising US bond yields, and poor economic data in China and the UK.
Weak European data caused the euro to decline and led to a rise in bond and share markets, while investors awaited Nvidia's results to assess the viability of the tech sector's high valuations.
China's leading e-commerce company, JD.com, has experienced a significant decline in its stock price due to investor concerns about the Chinese economic recovery and the property market debt crisis, despite positive second-quarter earnings and growth prospects.
European bonds and stocks fell as inflation data suggested that inflation in the euro region may not be fully subsiding, while utilities led the decline in the Stoxx Europe 600 and the German and Spanish inflation data complicated the outlook for European policy makers.
Asian equities fell as China's efforts to stabilize its economy and the Reserve Bank of Australia's policy meeting were awaited.
Most Asian stocks fell on Tuesday due to concerns over slowing growth in China, a property sector meltdown, and hot inflation readings, which raised concerns over higher interest rates. Chinese stocks were the worst performers, with investors growing impatient with Beijing's slow approach to stimulus measures.
European shares fall to one-week lows due to weak China and euro zone data, as concerns over slowing global growth increase.
U.S. stock futures decline as concerns over China's economy and rising bond yields weigh on global sentiment and equities.
The stock market has been stagnant for over a month and it is expected to decline in its next move.
Asia stocks fall as weak economic data in China and Europe raise concerns over global growth, while the dollar strengthens as investors assess the outlook for U.S. interest rates.
The Eurozone construction PMI in August 2023 decreased slightly to 43.4, marking the sixteenth consecutive month of decline, while the pan-European Stoxx 600 index fell by 0.89%, led by losses in the financial services and banking sectors.
European stocks continue to decline due to weak German data and elevated oil prices, raising concerns about stagflation in the euro area.
Stock indexes decline as concerns about future rate hikes and sluggish market performance in September weigh on investor sentiment, with the tech-heavy Nasdaq Composite falling for the third consecutive day and the Dow Jones Industrial Average and S&P 500 on a two-day losing streak.
Hong Kong stocks, including SMIC, Tencent, and JD.com, dropped as weak China trade data and a depreciating yuan put pressure on the market.
China's property shares are declining and tech shares are underperforming, leading to a slide in the Asian market, while the European market waits for monetary policy decisions from the ECB and the Bank of England.
Summary: Asian shares mostly decline as investors await U.S. consumer price data and the Federal Reserve's decision on interest rates.
Asian stock markets fell as Wall Street experienced a decline, with investors preparing for key US inflation data, and a spike in oil prices added to concerns about persistent price pressures and the interest rate outlook.
Stocks declined amid speculation that US inflation data will show persistent price pressures, increasing the likelihood that interest rates will remain elevated; market focus is on the US consumer price report.
Shares of Cboe Global Markets Inc. declined 1.01% as the stock market experienced mixed trading, with the S&P 500 rising and the Dow Jones falling.
The Philippine stock market continues to decline, with concerns about a hawkish central bank deterring foreign investors and wiping out billions of dollars in market value.
Asian shares decline amidst concerns about the Chinese property sector, while Japanese investors sell chip stocks; traders prepare for central bank meetings and the Federal Reserve rate decision.
Asian stock markets mostly declined, with Japan's Nikkei 225 leading losses, as investors were concerned about upcoming central bank decisions and the possibility of the Bank of Japan ending its negative interest-rate policy.
Equity markets in Asia are expected to open lower following a sharp decline in U.S. stocks, with futures in Japan, Hong Kong, and Australia all pointing to declines; meanwhile, India's benchmark stock indices declined for the third consecutive day after the U.S. Federal Open Market Committee (FOMC) kept the interest rate unchanged but signaled the possibility of another rate hike in 2023.
Chinese stocks defy regional declines as tech stocks rise, while the 10-year Treasury yield slightly decreases from a 16-year high; US futures tick higher following a 1.6% slide in the S&P 500; bond yields rise in Australia and New Zealand after positive US labor market data; and India's sovereign debt is set to be included in JPMorgan's benchmark emerging-markets index.
European markets were slightly lower as concerns over higher interest rates emerged from recent central bank decisions, with the pan-European Stoxx 600 index down 0.1%, while construction and material stocks dropped 0.9% and mining stocks added 0.9%.
