Source link : https://asia-news.biz/asia/asia-markets-slide-following-fed-chairs-warning-of-overvalued-stocks/
Asian equity markets followed Wall Street lower on Thursday after Federal Reserve Chair Jerome Powell’s recent remarks suggesting that U.S. stock valuations may be stretched. The cautionary signals from the Fed’s top official heightened concerns about potential tightening in monetary policy, prompting investors across the region to reassess risk appetite. Markets in Tokyo, Shanghai, and Hong Kong saw notable sell-offs as traders digested the implications of Powell’s comments for global growth and asset prices.
Asia Markets Follow Wall Street Lower Amid Fed Chair’s Warning on Stock Valuations
Asian equity markets mirrored Wall Street’s downturn as investors digested cautionary remarks from the U.S. Federal Reserve Chair regarding current stock valuations. The warning sparked concerns over potential market overheating, prompting sell-offs across key indexes in Tokyo, Hong Kong, and Shanghai. Traders appeared particularly sensitive to indications that monetary policy may tighten sooner than expected, causing heightened volatility. Notably, sectors such as technology and consumer discretionary experienced sharper declines, reflecting heightened risk aversion throughout the region.
Market participants are now weighing a mixed outlook, balancing robust corporate earnings against looming risks of elevated asset prices. The following metrics highlight recent market shifts across prominent Asian indices:
| Index | Change | Sector Impacted | Trading… |
|---|
—-
Author : Victoria Jones
Publish date : 2025-09-24 04:28:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8