Shares in Australia and Japan opened lower while futures pointed to a 2% drop in Hong Kong. A gauge of Chinese shares in the US had its biggest drop in more than four months after Alibaba Group Holding Ltd.’s American depositary receipts closed down 10%, the biggest decline since October 2022. The yield on 10-year Treasuries slid 1 basis point to 4.4% in early Asian trading while gold touched a record Monday.
Don’t fear Tesla; add defence, railways stocks post market correction: Deven Choksey
Deven Choksey highlights strong fundamentals in defence and railways stocks and sees opportunities in specific autos despite Tesla’s market entry concerns. He suggests looking at
February 25, 2025