Expectations of more aggressive tightening from the Fed also had an impact on Wall Street indices on Thursday.
The S&P 500 fell 0.54 percent and the Nasdaq 100 dropped 1.20 percent to end the day. This morning, after the strong balance sheet announced by Apple Inc., futures, especially the Nasdaq 100, are recovering.
Announcing that its first quarter revenue broke a record with $123.9 billion above expectations, shares of Apple rose rapidly after the spot market closure. The fact that the record came at a time of supply chain problems supported the stock. The company's net profit in the same period was 34.6 billion dollars, exceeding the estimates.
In Asia Pacific, on the other hand, indices are mixed. Japan's Nikkei and Australia's S&P/ASX 200 are up more than 2%, while the Chinese CSI 300 is flat, while Hong Kong Hang Seng is down 0.84 percent. There have been reports in the Chinese media that the recent losses in stocks will make it attractive for investors in the long run.
Chinese Stock Exchanges fluctuated throughout the day with these news feeds. Bloomberg Dollar Index, which rose 1.54 percent in the first 4 trading days of the week, is flat this morning. The 10-year US Treasury yield fell 6 basis points to just below 1.80% yesterday.
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