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Asian Shares to Open Combined, Yen Lowest Since 1990: Markets Wrap

Asian Shares to Open Combined, Yen Lowest Since 1990: Markets Wrap
October 26, 2023



FuturesBloomberg Terminal at the tech-heavy Nasdaq 100 index prolonged declines in Asian buying and selling after US stocks slumped on a batch of deficient company income. Foreign money investors have been on edge after the yen fell to a brand new low for the yr.Contracts for US equities slipped following Meta Inc.’s drop in after-market buying and selling, when the corporate mentioned its income have been unsure for 2024. The tech-heavy Nasdaq 100 index already slid 2.5% on Wednesday, weighed by way of Google’s dad or mum Alphabet Inc.’s disappointing cloud figures and Texas Tools Inc.’s bearish forecasts.

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