Entering text into the input field will update the search result below

Asian stocks diverge

May 18, 2015 2:31 AM ETFAX, GMF, ALD, EEMA, AAITBy: Yigal Grayeff, SA News Editor
  • Asian shares are mixed following weak U.S. industrial-production and consumer-confidence data on Friday, adding to fears that the economy is stuck in a bit of a rut.
  • Still, that's prompting speculation that the Fed will delay raising rates.
  • "The size of the decline in consumer confidence is pushing back estimates for a U.S. interest-rate hike to December," says equity strategist Shoji Hirakawa. "That’s beneficial for stock valuations."
  • Japanese shares end +0.8%, boosted by banks on positive dividend news.
  • Elsewhere, Hong Kong -1.1% after a strong session on Friday, China -0.2% and India +0.5%.
  • ETFs: FAX, GMF, ALD, EEMA, AAIT

Recommended For You

More Trending News