Asia stocks sag as Fed tempers Wall Street rally, dollar firm
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.06 percent. The index was still headed for a sizable gain of more than 6 percent this week, during which it rose to a one-month high.
The S&P 500 lost 0.25 percent and the Nasdaq shed 0.53 percent on Thursday after the Fed's statement, and energy stocks were the biggest drag on the S&P as US crude oil prices fell.
The dollar traded at 113.995 yen after brushing a five-week high of 114.09 overnight.
Published Date: Nov 9th, 2018 06:29 AM | Updated Date: November 09, 2018 08:22 AM IST
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more