Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
AFP News

Asian Stocks Mixed After Wall St, Europe Retreat From Records

JP Morgan Chase boss Jamie Dimon said he remains concerned about the outlook for inflation (Credit: AFP)

Asian markets diverged Friday as hopes for US interest rate cuts played up against profit-taking from another strong week and warnings from Federal Reserve officials that borrowing costs should be kept elevated for now.

All three main indexes in New York as well as London, Paris and Frankfurt turned lower Thursday, having ended at record highs the day before.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.