Asian Markets Dip Ahead of Fed Meeting
Update: 2025-12-10
Description
Asian stocks dipped slightly as investors awaited the Federal Reserves decision on a potential third interest rate cut. Japans Nikkei and Australias ASX both saw losses, while South Koreas Kospi edged up slightly. Wall Street experienced mixed results, with the S&P 500 and Dow Jones Industrial Average falling, while the Nasdaq composite gained. Eric Schiffer predicts markets will perform well due to potential financial easing by the Federal Reserve. U.S. employers had seven point seven million job openings at the end of October, leading to a rise in Treasury yields. Exxon Mobils stock rose after increasing its profit forecast, while Home Depot saw a decline after a preliminary forecast suggested a shrinking home improvement market.
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