Singapore shares fall as investors await US jobs data; STI down 0.1%

Quick Summary:

Japan’s Nikkei 225 fell 0.7 per cent, South Korea’s Kospi was down 1.2 per cent and Shanghai stocks dived 0.8 per cent but Australia’s ASX 200 defied the cautious mood and climbed 0.4 per cent.

The wary mood also hit key Wall Street indexes overnight: Tech shares nudged the Nasdaq ahead 0.3 per cent; the S&P 500 declined 0.3 per cent; and the Dow fell 0.5 per cent.

The US jobs report for August will be the last major data release before the Federal Reserve meets later in September to weigh up the size of interest rate cuts.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaHong KongJapanSouth KoreaUnited States

Topics: Data Singapore Shares Fall Rate Await Investors Cent Index Jobs Trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 18:44:41 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © The Straits Times

News ID: 22392333

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 12 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 18 hours ago

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Publisher ID: #25

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