On Friday, Asian shares saw a decline as confidence in China’s rescue measures waned, and investors analyzed Intel Corp’s disappointing results. Stocks in mainland China and Hong Kong fell following the significant three-day rally, as confidence in the latest initiatives from Beijing to bolster the economy and stabilize stock markets diminished. Japanese shares also experienced a decline, while Korean shares trended upwards. On the other hand, US equity futures retreated after Intel’s unsatisfactory projection, while European markets showed an upward trend.
Stocks in China May Face Decline as Asian Markets Expected to Open Lower: A Summary of Market Activity
