Photo by Vlada Karpovich on Pexels.com
On Monday, Wall Street experienced a sharp selloff driven by concerns over elevated treasury yields.
The Dow fell 1.0%, the S&P 500 declined 1.1%, and the Nasdaq dropped 1.2%.
European markets followed suit, with broad-based declines led by technology and healthcare sectors.
In Asia, markets closed mixed: Japan’s Nikkei 225 dipped 1.0%, South Korea’s Kospi slipped 0.2% amid political turmoil, while China’s Shanghai Composite gained 0.2%.
Malaysia’s FBM KLCI bucked the global downtrend, extending its rally due to year-end window-dressing activities. This positive momentum is expected to continue, with strong interest in lower liners and improved trading sentiment. Manufacturing PMI data from the US, China, EU, and Malaysia will be key this week. Looking ahead to 2025, markets may face heightened volatility due to uncertainties around Trump’s second term, geopolitical risks, and the Federal Reserve’s rate cut trajectory.
Read more Business News
Eco World reported stronger 1HFY26 earnings driven by industrial land sales, while robust new sales…
Scoot, the low-cost subsidiary of Singapore Airlines (SIA), is pleased to announce an exciting collaboration…
RICOH Malaysia unveiled AI and automation solutions designed to improve operational efficiency, workflow intelligence, and…
Singapore, June 18, 2026 — Federal Express Corporation, one of the world’s largest express transportation…
Malaysia faces critical challenges like rising costs and political instability while pursuing a future of…
Malaysia has jumped eight spots to rank 15th in the 2026 IMD World Competitiveness Ranking,…
This website uses cookies.