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Asian shares dip despite Wall St rally; eyes on Fed chair

Currency traders watch monitors near screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, June 23, 2022. Asian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth. (AP Photo/Lee Jin-man) Currency traders watch monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, June 23, 2022. Asian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth. (AP Photo/Lee Jin-man) Currency traders watch monitors at a foreign exchange dealing room in Seoul, South Korea, Thursday, June 23, 2022. Asian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth. (AP Photo/Lee Jin-man) A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, June 23, 2022. Asian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth. (AP Photo/Lee Jin-man) A currency trader watches monitors at a foreign exchange dealing room in Seoul, South Korea, Thursday, June 23, 2022. Asian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth. (AP Photo/Lee Jin-man) An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig) An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig) An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig) An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig) An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig) An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig) An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. Stocks are opening lower on Wall Street, Wednesday, June 22, as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. (AP Photo/Seth Wenig) FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. Stocks are opening broadly higher on Wall Street Tuesday, June 21, clawing back some of the ground they lost in their worst weekly drop since the beginning of the pandemic. (AP Photo/Seth Wenig, File) FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. Stocks are opening broadly higher on Wall Street Tuesday, June 21, clawing back some of the ground they lost in their worst weekly drop since the beginning of the pandemic. (AP Photo/Seth Wenig, File) FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022. Stocks are opening broadly higher on Wall Street Tuesday, June 21, clawing back some of the ground they lost in their worst weekly drop since the beginning of the pandemic. (AP Photo/Seth Wenig, File) A man wearing a protective mask looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, June 22, 2022, in Tokyo. Asian shares were mostly lower Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell. (AP Photo/Eugene Hoshiko) A woman wearing a protective mask rides a bicycle in front of an electronic stock board showing Japan's Nikkei 225 and New York Dow Jones indexes at a securities firm Wednesday, June 22, 2022, in Tokyo. Asian shares were mostly lower Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell. (AP Photo/Eugene Hoshiko) A man wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, June 22, 2022, in Tokyo. Asian shares were mostly lower Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell. (AP Photo/Eugene Hoshiko) A woman wearing a protective mask rides a bicycle in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, June 22, 2022, in Tokyo. Asian shares were mostly lower Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell. (AP Photo/Eugene Hoshiko) A man wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, June 22, 2022, in Tokyo. Asian shares were mostly lower Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell. (AP Photo/Eugene Hoshiko)
Asian shares dip despite Wall St rally; eyes on Fed chair