•· Volatility on Wall Street has led shares across the globe on a wild ride in recent months, resulting in a number of stock markets dipping into bear territory. That's set to worsen in the new year, experts told CNBC on Monday.
"I would love to be more optimistic but
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• Asian stock markets retreated again on Wednesday, extending a
Investors were unnerved by the U.S. federal government partial shutdown and President Donald Trump’s hostile stance toward the Federal Reserve chairman.
MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.5 percent, brushing a two-month low.
• Japan’s Nikkei, which plummeted into bear market territory the previous day, ended higher after seesawing on Wednesday, helped by short-covering.
The Nikkei share average closed 0.89 percent higher at 19,327.06, barely shaking off Tuesday’s 5.01 plunge - the steepest single-day decline in over two years.
• China stocks slipped on Wednesday amid lingering worries about the economy and caution over persisting U.S. political uncertainties, as a federal government shutdown and President Donald Trump’s hostile stance towards the Federal Reserve unnerved investors.
The blue-chip CSI300 index fell 0.5 percent, to 3,002.03, while the Shanghai Composite Index lost 0.3 percent to 2,498.29 points.
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