Posts

Showing posts with the label Asian Stocks | MarketWatch

Asian stocks range-bound ahead of Bernanke: Asian Stocks | MarketWatch

Image
By Sarah Turner , MarketWatch  SYDNEY (MarketWatch) — Stocks trading in Asia held in a tight range Friday, with investors apparently unwilling to make bold moves ahead of a U.S. Federal Reserve meeting in Wyoming scheduled for later in the global day.  Japan’s Nikkei Stock Average  declined 0.1%, South Korea’s Kospi KR:0100 +0.77%  lost 0.2% and Australia’s S&P/ASX 200 index AU:XJO +0.34%  slipped 0.1%, with all three swinging between positive and negative territory in the early going.  U.S. shares closed down 1.5% on Thursday to break a three-session run of gains ahead of a speech by Federal Reserve Chairman Ben Bernanke set for 10 a.m. U.