Asia Closes in Red, Europe Trades Lower Along with Commodities - Global Markets Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
The US markets ended mixed on Friday, September 1, with the Dow Jones and S&P 500 experiencing gains, while the Nasdaq Composite recorded a slight decline. Asian markets showed mixed results, with Japan's Nikkei 225 closing higher, while Australia's S&P/ASX 200, China's Shanghai Composite, and Shenzhen CSI 300, and Hong Kong's Hang Seng Stock Exchange all closed lower. European markets and commodities also traded lower. Chevron Corp's LNG workers in Australia plan to go on a two-week strike.

September 05, 2023 | 10:56 am
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Chevron Corp's LNG workers in Australia plan to go on a two-week strike, which could potentially disrupt operations and impact the company's stock.
Labor strikes can disrupt operations, leading to potential losses and negative impact on the company's stock. Given that this strike is planned by Chevron's LNG workers, it could significantly affect the company's operations in Australia, thereby potentially leading to a decrease in the company's stock.
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