Japanese stocks surge despite lingering worries over global growth



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Japanese stocks rebounded on Tuesday as the rest of the region recorded a slight rise after the sharp declines earlier this week, worries about slowing global growth.

The Topix index rose 2.2%, partially reducing losses from the previous session on Monday after a sell-off in the US at the end of last week on the basis of poor economic data and as & ### 39; largely tracked indicator of the US Treasury market fueling fears of a recession. In the United States, the S & P 500 index fell 0.1%.

The Australian S & P / ASX 200 did not move, Hong Kong's Hang Seng gained 0.4% and China's CSI 300 gained 0.1%.

The 10-year US Treasury yield, which is inversely priced, rose nearly 3 basis points to 2.425% after dropping below 2.4% for the first time since March. month on Monday as investors focused on government bonds.

Instantaneous

To come up

  • Business climate in France
  • Approval of the British mortgage

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Markets Briefing is an overview of global markets, updated throughout the trading day by Financial Times journalists in Hong Kong, New York and London. Return of information? Write in the comments below or send us an email.

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