Japanese stocks regain some ground after rout
- Posted on October 1, 2024
- By Business News Today
- 2 Views
Japanese stocks regain some ground after rout
Treasuries extended declines, pushing short-term yields higher, after Chair Jerome Powells cautious stance in saying the Federal Reserve will lower interest rates “over time,” while re-emphasizing that the overall economy remains on solid footing. Emerging-market stocks ended the day lower as the Powell comments weighed on sentiment.