There are few holiday transactions in global stocks, and the US market almost fell in half a day.

Bangkok –European and Asian stocks were mixed on Friday as US markets were closed for Thanksgiving.

Germany’s DAX was little changed at 15,998.44, and Paris’ CAC40 was similarly flat at 7,279.03. Britain’s FTSE 100 index fell 0.4% to 7,453.40.

On Wall Street, futures for the S&P 500 and Dow Jones Industrial Average rose 0.1% ahead of Friday’s half-day trading. On Wednesday, before the holiday, the S&P 500 rose 0.4% and the Dow Jones Industrial Average rose 0.5%. The Nasdaq rose 0.5%.

It was a quiet week for statistics, but Japan reported its first rise in consumer inflation in four months as food and hotel prices rose sharply as tourism soared. The consumer price index rose 3.3% year-on-year in October, up from the 3% rise in September, contrary to the Bank of Japan’s expectations that price pressure would ease toward the end of the year.

“Both the government and the Bank of Japan will be concerned about higher-than-expected inflation,” Robert Carnell and Min-Ju Kang of ING Economics said in a commentary. As a result, the central bank is likely to adjust its extremely accommodative monetary policy in the new year.

Tokyo’s Nikkei Stock Average rose 0.5% to 33,625.53 yen.

Chinese stocks fell after a recent rally on hopes for more government support for debt-laden property developers. Shares of the largest company Country Garden fell 7.6% after rising 16% the previous day.

In Hong Kong, the Hang Seng fell 2% to $17,559.42. The Shanghai Composite Index fell 0.7% to 3,040.97.

South Korea’s Kospi fell 0.7% to 2,496.63, while Australia’s S&P/ASX 200 rose 0.2% to 7,040.80.

In Bangkok, the SET fell 0.7%, while Taiwan’s Tyex fell less than 0.1%.

Investors are keeping an eye on how U.S. retailers fare as the holiday season begins. black friday, Given declining savings, rising credit card debt and growing concerns that pressure from inflation will slow spending,

Latest quarterly financial results from a range of retailers. walmart to best buy A report to Saks Fifth Avenue suggested that consumers’ appetite for spending is weakening, even as inflation eases and employment remains strong.

Investors are becoming more optimistic as price pressures ease. federal reserve They may be able to raise interest rates to curb inflation, or they may consider cutting them.

Fed officials said the economic outlook remains uncertain and interest rate decisions will depend on future reports. The Fed is expected to get another big update next week when the government releases its October report on the main inflation measure tracked by the central bank.

In other trading on Friday, benchmark U.S. crude oil fell 67 cents to $76.43 per barrel in electronic trading on the New York Mercantile Exchange.

Brent crude oil, the international price standard, remained unchanged at $81.25 per barrel.

The dollar rose to 149.58 yen from 149.54 yen. The euro rose to $1.0913 from $1.0906.

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https://www.local10.com/business/2023/11/24/stock-market-today-asian-shares-are-mixed-as-hong-kong-retreats-on-selling-of-property-shares/ There are few holiday transactions in global stocks, and the US market almost fell in half a day.

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