Wednesday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Wednesday, with concern over the U.S. fiscal situation contributing to market uncertainty. In Japan, the Nikkei fell for a second day, losing 0.76 percent to close at 14,620.53. In Hong Kong, the Hang Seng edged up 0.13 percent to 23,209.63; in Shanghai, the Composite fell 0.41 percent to 2,198.52. In India, the Mumbai Sensex fell 0.32 percent to 19,856.24. In Australia, the ASX All Ordinaries climbed 0.78 percent to 5,270.10.
European markets declined in midday trading. In the U.K., the FTSE 100 was off 0.28 percent; in Germany, the DAX was off 0.03 percent; in France, the CAC 40 was off 0.27 percent; and the Euronext 100 index was off 0.33 percent.
U.S. markets advanced ahead of the opening bell: DJIA: +0.07%, S&P 500: +0.01%, NASDAQ: +0.13%.
Here are three stories to keep an eye on.