Stocks mixed after selloff as Fed, Middle East dampen sentiment

Hong Kong (AFP) April 17, 2024

Asian markets were mixed Wednesday as Federal Reserve boss Jerome Powell's indication that interest rates could stay higher for longer offset a rebound following the latest bout of Middle East-fuelled selling. While traders are nervously awaiting Israel's next move after Iran's missile and drone attack at the weekend, the lack of an immediate response has seen them focus on the US central ba