You are here: Home » Reuters » News
Business Standard

Asia stocks steady after Wall Street tech rout, dollar holds gains

Reuters  |  SINGAPORE 

By Nichola SaminatherSINGAPORE (Reuters) - Asian stocks were steady on Friday, appearing to take in stride the resumption of the U.S. technology rout overnight, while the dollar held near a two-week high after solid economic data backed the case for tighter U.S. monetary policy.MSCI's broadest index of Asia-Pacific shares outside Japan was flat, on track to end the week down 0.7 percent. Japan's Nikkei jumped 0.5 percent, narrowing its loss for the week to 0.4 percent.Overnight, the Nasdaq led losses on Wall Street with a 0.5 percent drop, dragged lower by shares including Apple and ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, June 16 2017. 06:28 IST
RECOMMENDED FOR YOU