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