Motilal Oswal
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Motilal Oswal
Nov 09, 2018 08:22 AM IST | Market

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: Nov 09, 2018 08:22 AM IST

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