The Nikkei and Hang Seng stock markets experienced a decline following a negative outcome from US data that had previously propelled hopes of an interest rate increase.

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Escalating tensions in the Middle East and the threat of open conflict between Israel and Iran also darkened the mood on trading floors

The post Nikkei, Hang Seng Slide as US Data Dashes Rate Hopes appeared first on Asia Financial.

Tech giants listed in Hong Kong plunged 2.7% and the benchmark Hang Seng Index dropped 2.12%, or 351.49 points, to close at 16,248.97.

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Author / Journalist: Sean O'Meara

Category: InvestingBusiness

Markets: Hong KongChinaIsraelJapanSingapore

Topics: Markets Nifty 50 Hang Seng Index Nikkei 225

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-16 @ 09:30:06 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 771 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 20702351

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

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Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 15 hours ago

Coverage Areas: Hong Kong

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Publisher ID: #86

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