{"id":116682,"title":"What happened overnight – Wednesday 18th September 2024","publisher":"Share Talk","author":"sharetalk","published":"2024-09-18T06:32:36+00:00","modified":"2024-09-18T06:32:36+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-wednesday-18th-september-2024/","markdown_url":"https://www.share-talk.com/what-happened-overnight-wednesday-18th-september-2024.md","json_url":"https://www.share-talk.com/what-happened-overnight-wednesday-18th-september-2024.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["AI-focused","Asian market","Asian markets","Bank of Japan","Bank of New York","china","chips","currency","JP Morgan","Nvidia","Russia","semiconductor","US recession","USA","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/09/WORLD-750x406-1.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"Asian shares were mostly up as markets brace for the US Federal Reserve’s first interest rate cut in over four years.\n\nJapan’s Nikkei 225 rose by 0.8% to 36,482.21 in morning trading, while Australia’s S&P/ASX 200 remained largely unchanged at 8,139.30.\n\nSouth Korea’s Kospi added 0.1% to 8,139.30, and the Shanghai Composite index increased nearly 0.2% to 2,709.06. Trading was closed in Hong Kong due to a national holiday.\n\nOn Tuesday night, Wall Street ended nearly flat after reaching record highs earlier in the day. The S&P 500 hit an all-time high but settled only 0.03% higher at 5,634.58 in afternoon trading.\n\nThe Dow Jones Industrial Average slipped 0.04% to 41,606.18. In contrast, the tech-heavy Nasdaq Composite closed 0.2% higher at 17,628.06.\n\nIn the bond market, the yield on 10-year US Treasury notes rose to 3.64%, up from 3.62% late on Monday."}