Asian stocks mixed after Wall St, Europe retreat from records
Published
Hong Kong (AFP) May 17, 2024
Asian markets diverged Friday as hopes for US interest rate cuts played up against profit-taking from another strong week and warnings from Federal Reserve officials that borrowing costs should be kept elevated for now. All three main indexes in New York as well as London, Paris and Frankfurt turned lower Thursday, having ended at record highs the day before. The losses came as investors