Asia-pacific benchmarks declined on Monday due to concerns about recession in the US following weaker than expected jobs data. Japan's Nikkei 225 declined more than 3% after its GDP grew 2.9% on the year in the second quarter against 3.2% growth expectation. The Nikkei 225 and Kospi were trading 2.19% and 1.44% down, respectively. The S&P ASX 200 was trading 0.79% down as of 06:46 a.m. This week, troubling data shook Wall Street traders of riskier assets from their complacency, resulting in the worst stock performance since the 2023 regional bank crisis.
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17 сен 2024