Asian stocks today: Markets trade mixed after US shutdown ends; HSI dips over 150 points, Shenzhen adds 1% – The Times of India

Asian stocks today: Markets trade mixed after US shutdown ends; HSI dips over 150 points, Shenzhen adds 1% – The Times of India

Asian markets traded mostly in red on Thursday as excitement over the end of the United States’ record government shutdown quickly lost steam. With the focus shifting back to the Federal Reserve’s next interest rate decision and mounting fears of a technology sector bubble, investors showed little appetite for risk.Nikkei jumped 88 points or 0.17%…

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US housing watch: 30-year mortgage rate slips to 6.17%; lowest in over a year as Fed cuts rates again – The Times of India

US housing watch: 30-year mortgage rate slips to 6.17%; lowest in over a year as Fed cuts rates again – The Times of India

The average long-term US mortgage rate has fallen to its lowest level in more than a year, offering some relief to homebuyers and homeowners amid a prolonged housing slump.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage dropped to 6.17% from 6.19% last week — its fourth consecutive…

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US inflation watch: Producer prices dip 0.1% in August; weaker-than-expected data hints at tariff impact – The Times of India

US inflation watch: Producer prices dip 0.1% in August; weaker-than-expected data hints at tariff impact – The Times of India

US producer prices unexpectedly fell 0.1% in August from July, the Labor Department reported Wednesday, after a 0.7% advance the previous month.The producer price index — a measure of inflation in the supply chain before it reaches consumers — showed wholesale services prices dropped 0.2% as retailers and wholesalers absorbed costs from President Donald Trump’s…

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