Asian Stocks Mixed as Treasury Yields Stabilize: Markets Wrap
Hong Kong outperformed, while China also climbed. The Bloomberg Dollar Spot Index remained under pressure after U.S. President Donald Trump said the Federal Reserve is moving too fast with interest-rate hikes. Earlier, the S&P 500 Index was dragged down by materials shares, after a profit warning in the sector, while technology shares rebounded from a three-day rout.
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