Editor-DN
BANGKOK (APP) Global stocks were mixed on Thursday as the US stock market remained flat. off To observe a National Day of Mourning For the former President Jimmy Carter.
London’s FTSE 100 climbed 0.8% to 8,319.69 as the British pound fell against the US dollar amid concerns about the UK economy and its government finances. A weaker pound could boost profits for UK exporters, which could boost their stock prices.
Germany’s DAX added 0.1% to 20,317.10 and France’s CAC 40 added 0.5% to 7,490.28.
In Asia, markets were mostly lower as caution revived over a possible deepening of trade frictions after President-elect Donald Trump took office.
Shares fell in Tokyo after Japan reported strong wage growth for November, data that could help persuade its central bank to raise interest rates. The Nikkei 225 index fell 0.9 percent to 39,605.09.
Hong Kong’s Hang Seng Index fell 0.2 percent to 19,240.89, while the Shanghai Composite Index fell 0.6 percent to 3,211.39. The government reported that the consumer price index rose 0.1 percent in December from a year earlier, while wholesale or producer prices fell 2.3 percent, indicating that the world’s second-largest economy There is a decrease in demand.
In Australia, the S&P/ASX 200 fell 0.2% to 8,329.20.
South Korea’s Kospi rose less than 0.1 percent to 2,521.90 despite strong gains by technology companies and automakers.
Taiwan’s Taiex sank 1.4% and India’s Sensex fell 0.7%. In Bangkok, the SET fell by 1.8%.
“Investors face an unpredictable ‘what if’ trade scenario shaped by a Trump presidency — where initial enthusiasm for tax cuts is now overshadowed by growing concerns over proposed tariffs and strange geopolitical ambitions. Like buying Greenland or gaining more control over Panama, Stephen Innes of SPI Asset Management said in a commentary
In the United States, the bond market remained open until its scheduled close at 2 p.m. ET. Yields have remained relatively steady after a strong recent run that has rattled the stock market.
The 10-year Treasury yield sat at 4.69 percent after rising from 4.70 percent a day earlier, when it was near its highest level since April. It was down from 3.65 percent in September.
Overproduction hurts stocks by making them more expensive for companies and Borrowing to households And by pulling some investors toward bonds and away from stocks. Output is rising as reports on the US economy came in better than economists had expected. Concerns about potential upward pressure on inflation from tariffs, taxes and other policies favored by Trump have also pushed yields higher.
