Asian Stocks Mixed As US Futures Retreat

Wall Street’s wild afternoon rebound failed to reverberate through to Asia on Friday, with the region’s benchmarks putting in a mixed performance and U.S. futures retreating. The yen edged up, heading for its best two-week advance since February.
Equity benchmarks fell in Tokyo, saw modest gains in Sydney, Seoul and Hong Kong. Earlier, the S&P 500 Index erased a drop of almost 3 percent in its afternoon recovery the biggest upward reversal since 2010. It’s been a week of superlatives for stock traders, after American shares climbed the most in more than nine years on Wednesday. In other markets, 10-year Treasury yields held below 2.80 percent, and oil traded around $46 in New York. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996