Home World Asia-Pacific stocks mixed as investors await China’s September factory activity data

Asia-Pacific stocks mixed as investors await China’s September factory activity data

by Asia Insider

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Overnight stateside, the Dow Jones Industrial Average edged 90.73 points higher to 34,390.72 while the S&P 500 gained 0.16% to 4,359.46. The Nasdaq Composite shed 0.24% to 14,512.44.

The moves came as investors continued watching the 10-year Treasury yield, which crossed the 1.5% level on Monday and has since remained above that mark, last sitting at 1.508%. Yields move inversely to prices.

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.337 following a recent climb from below 94.

The Japanese yen traded at 111.91 per dollar, having weakened from below 111.6 against the greenback yesterday. The Australian dollar changed hands at $0.7181 after falling from above $0.728 earlier this week.

Oil prices were little changed in the morning of Asia trading hours, with international benchmark Brent crude futures fractionally lower at $78.59 per barrel. U.S. crude futures hovered above the flatline, trading at $74.85 per barrel.

Source: CNBC

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