{"id":2969,"date":"2023-08-03T03:06:32","date_gmt":"2023-08-03T03:06:32","guid":{"rendered":"https:\/\/thisbiginfluence.com\/?p=2969"},"modified":"2023-08-03T03:06:33","modified_gmt":"2023-08-03T03:06:33","slug":"live-news-asian-stocks-decline-after-fitch-downgrades-us-debt","status":"publish","type":"post","link":"https:\/\/thisbiginfluence.com\/?p=2969","title":{"rendered":"Live news: Asian stocks decline after Fitch downgrades US debt"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Asian equities fell on Thursday morning, because the impression of a Fitch Scores downgrade of US sovereign debt, in addition to scorching financial knowledge, reverberated throughout worldwide markets.<\/p>\n<p>Hong Kong\u2019s Dangle Seng index fell 0.6 per cent, Japan\u2019s Topix misplaced 1.4 per cent and Australia\u2019s S&amp;P\/ASX 200 shed 0.5 per cent. China\u2019s CSI 300 and South Korea\u2019s Kospi had been flat.<\/p>\n<p>US markets had their steepest single-day drop in months on Wednesday after Fitch downgraded its evaluation of the nation\u2019s debt, with the S&amp;P 500 shedding 1.4 per cent and the Nasdaq Composite closing 2.2 per cent decrease. <\/p>\n<p>Stronger than anticipated jobs knowledge, in the meantime, raised considerations that an prolonged interval of upper rates of interest might hit higher-risk belongings.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.ft.com\/content\/97a2d940-4fd6-40ba-aa2f-b0e768394eb3\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian equities fell on Thursday morning, because the impression of a Fitch Scores downgrade of US sovereign debt, in addition to scorching financial knowledge, reverberated throughout worldwide markets. Hong Kong\u2019s Dangle Seng index fell 0.6 per cent, Japan\u2019s Topix misplaced 1.4 per cent and Australia\u2019s S&amp;P\/ASX 200 shed 0.5 per cent. China\u2019s CSI 300 and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3189,423,445,3625,3624,995,328,3623],"class_list":["post-2969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-asian","tag-debt","tag-decline","tag-downgrades","tag-fitch","tag-live","tag-news","tag-stocks"],"_links":{"self":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/2969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2969"}],"version-history":[{"count":0,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/2969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/media\/2971"}],"wp:attachment":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}