{"id":359047,"date":"2025-08-20T09:10:15","date_gmt":"2025-08-20T09:10:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/359047\/"},"modified":"2025-08-20T09:10:15","modified_gmt":"2025-08-20T09:10:15","slug":"stocks-slip-as-uk-inflation-jumps-to-highest-level-since-january-last-year","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/359047\/","title":{"rendered":"Stocks slip as UK inflation jumps to highest level since January last year"},"content":{"rendered":"\n

Stocks in Asia were mixed last night despite a tech-led sell-off on Wall Street. The Nikkei (^N225<\/a>) slipped 1.5% on the day in Japan, pulled lower by selling of computer chip makers, while the Hang Seng (^HSI<\/a>) ended 0.2% higher in Hong Kong.<\/p>\n

Japan also reported that its exports fell slightly more than expected in July, pressured by higher tariffs on goods shipped to the US.<\/p>\n

Specifically, export growth posted its biggest year-on-year decline since February 2021, with a 2.6% fall compared to the 2.1% dip expected. Exports to the US were down 10.1% year-on-year, with US tariffs clearly having an impact.<\/p>\n

The Shanghai Composite (000001.SS<\/a>) was 1% up by the end of the session and in South Korea, the Kospi (^KS11<\/a>) lost 0.7% on the day.<\/p>\n

Across the pond on Wall Street, falls in Nvidia (NVDA<\/a>) and other heavyweight artificial intelligence stocks pulled the S&P 500 (^GSPC<\/a>) down 0.6% to 6,411.37. It fell back for a third consecutive session, and was the worst daily performance since 1 August, back when the underwhelming jobs report meant investors grew more fearful about a US slowdown.<\/p>\n

The tech-rich Nasdaq (^IXIC<\/a>) was also dragged down by 1.5%, to finish at 21,314.95.<\/p>\n

However, the blue-chip Dow Jones Industrial Average (^DJI<\/a>) ended roughly flat, ending at 44,922.27, after briefly touching an all-time high.<\/p>\n

In the bond market, the yield on benchmark 10-year US Treasury notes fell to 4.314% from 4.346% late on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"Stocks in Asia were mixed last night despite a tech-led sell-off on Wall Street. The Nikkei (^N225) slipped…\n","protected":false},"author":2,"featured_media":359048,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[748,393,126344,1880,4884,1144,15165,712,16,15164,15,1764,97459],"class_list":{"0":"post-359047","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-britain","10":"tag-england","11":"tag-food-price-inflation","12":"tag-ftse-100","13":"tag-great-britain","14":"tag-northern-ireland","15":"tag-office-for-national-statistics","16":"tag-scotland","17":"tag-uk","18":"tag-uk-inflation","19":"tag-united-kingdom","20":"tag-wales","21":"tag-wednesday-morning"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115060318132851517","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/359047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=359047"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/359047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/359048"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=359047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=359047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=359047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}