{"id":112184,"date":"2021-02-10T23:59:57","date_gmt":"2021-02-10T23:59:57","guid":{"rendered":"https:\/\/precoinnews.com\/?p=112184"},"modified":"2021-02-10T23:59:57","modified_gmt":"2021-02-10T23:59:57","slug":"stocks-in-australia-slip-multiple-major-markets-in-asia-closed-for-holidays","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/stocks-in-australia-slip-multiple-major-markets-in-asia-closed-for-holidays\/","title":{"rendered":"Stocks in Australia slip; multiple major markets in Asia closed for holidays"},"content":{"rendered":"<ul>\n<li>Markets in China, Japan, South Korea and Taiwan are closed on Thursday for holidays.<\/li>\n<li>In economic developments, U.S. Federal Reserve Chairman Jerome Powell said Wednesday that policy will need to stay &quot;patiently accommodative.&quot;<\/li>\n<\/ul>\n<p>SINGAPORE \u2014 Shares in Australia declined in Thursday morning trade as multiple major markets in Asia are closed for holidays.<\/p>\n<p>In morning trade, the S&amp;P\/ASX 200 slipped 0.25%.<\/p>\n<p>Markets in China, Japan, South Korea and Taiwan are closed for holidays.<\/p>\n<p>In economic developments, U.S. Federal Reserve Chairman Jerome Powell said Wednesday that policy will need to stay &quot;patiently accommodative.&quot; The Fed chair said the U.S. is &quot;a long way&quot; from where it needs to be in terms of employment despite the economy having reclaimed more than 12 million jobs since the early days of the Covid pandemic.<\/p>\n<table><\/table>\n<p>Overnight on Wall Street, the Dow Jones Industrial Average edged 61.97 points higher to a record closing high of 31,437.80. The S&amp;P 500 declined less than 0.1% to finish its trading day at 3,909.88 while the Nasdaq Composite closed 0.25% lower at 13,972.53.<\/p>\n<h2>Currencies<\/h2>\n<p>The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.428 as it struggled to recover following a slip from above 90.8 earlier this week.<\/p>\n<p>The Japanese yen traded at 104.64 per dollar, still stronger than levels above 105.2 against the greenback seen early this week. The Australian dollar changed hands at $0.7723, mostly holding on to gains after its rise from below $0.768 earlier in the trading week.<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/02\/11\/asia-markets-us-federal-reserve-currencies-oil.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets in China, Japan, South Korea and<\/p>\n","protected":false},"author":3,"featured_media":112183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks in Australia slip; multiple major markets in Asia closed for holidays - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/stocks-in-australia-slip-multiple-major-markets-in-asia-closed-for-holidays\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks in Australia slip; 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