Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in Gaza
1 year, 3 months ago

Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in Gaza

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Share prices were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. Early Monday, U.S. benchmark crude oil was up $3.28 at $86.05 per barrel in electronic trading on the New York Mercantile Exchange. On Friday, Wall Street rallied after investors studied the nuances of a surprisingly strong report on U.S. employment that initially caused stocks to tumble on fears that upward pressure on inflation will lead the Federal Reserve to keep interest rates high. And even though the job market hasn't faltered yet despite the Fed pulling its main interest rate to the highest level since 2001, high rates work to extinguish high inflation by slowing the entire economy.

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History of this topic

Stock market today: Asian stocks are mixed after Wall St snaps out of its holiday-season funk
4 days, 16 hours ago

Stock market today: Asian stocks are mixed after Wall St snaps out of its holiday-season funk

Associated Press  

HONG KONG — Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining. Japan’s finance minister rang in the New Year as Tokyo’s market resumed trading after the long traditional holiday, as traders in suits and kimonos clapped for good fortune in 2025. “The Japanese government will …

Stock market today: Asian shares advance after a mixed finish on Wall Street
Trending News
2 weeks ago

Stock market today: Asian shares advance after a mixed finish on Wall Street

Associated Press  

BANGKOK — Asian shares were mostly higher on Friday, with Japan’s benchmark registering strong gains for a second straight day. Tokyo’s Nikkei 225 index climbed 1.4% to 40,139.90, while the Japanese yen sank further after the central bank governor indicated that interest rate hikes might be delayed by threats to the economy such as higher U.S. tariffs on imports. South …

Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas
2 weeks, 2 days ago

Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas

Associated Press  

BANGKOK — Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Gains in Big Tech stocks helped the S&P 500 to a 1.1% gain, while the Dow Jones Industrial Average rose 0.9%. Elsewhere in the market, U.S. Steel rose 1.9% a day after an influential government panel failed to …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
2 weeks, 4 days ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

Stocks rally as investors cheer US inflation relief
2 weeks, 4 days ago

Stocks rally as investors cheer US inflation relief

Live Mint  

By Amanda Cooper and Wayne Cole LONDON/SYDNEY - Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. The euro has hit two year lows in recent weeks and is also heading for its weakest quarterly performance against the dollar …

Stock market today: Wall Street ends little changed after giving up a big morning gain
3 weeks, 1 day ago

Stock market today: Wall Street ends little changed after giving up a big morning gain

Associated Press  

NEW YORK — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 weeks, 2 days ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs
3 weeks, 4 days ago

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares retreated Monday in …

Asian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap
1 month, 1 week ago

Asian Stocks Eye Gains as Wall Street Awaits Data: Markets Wrap

Live Mint  

-- Asian stocks are set to follow the positive lead from Wall Street where a rally in the world’s largest technology companies drove stocks to fresh all-time highs. Treasuries pared losses on Monday after Fed Governor Christopher Waller said he’s inclined to vote for a rate cut in December, with swaps pricing in more than 70% of a quarter-point cut …

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
1 month, 1 week ago

Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

Associated Press  

BANGKOK — Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street. South Korea’s Kospi gained less than 0.1% to 2,504.67 after the central bank cut its benchmark interest rate to relieve pressure on its slowing economy. Hong Kong’s Hang Seng index lost 1.2% to 19,366.96 and the Shanghai …

Stock market today: Wall Street rises following last week’s slide
1 month, 3 weeks ago

Stock market today: Wall Street rises following last week’s slide

Associated Press  

NEW YORK — Most U.S. stocks ticked higher Monday to recover some of their sharp slide from last week. Investors had sent the S&P 500 nearly 4% higher in the days immediately following Trump’s presidential win. Bank stocks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs …

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000
1 month, 4 weeks ago

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000

Associated Press  

NEW YORK — U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s reelection as president, but drops for some high-profile Big Tech stocks kept indexes in check. Several pieces of what’s known as the “Trump trade” also helped drive the market, as investors try to identify which companies will be winners under a second …

Oil Prices Soar as Middle East Tensions Escalate
3 months ago

Oil Prices Soar as Middle East Tensions Escalate

The Hindu  

Oil prices extend upward march on Mideast tensions, with Brent North Sea crude reaching close to $80 per barrel on Monday. The rise is partly attributed to concerns about geopolitical unrest in the Middle East, but also to hopes of stronger Chinese demand after Beijing recently announced major stimulus measures to boost its flagging economy.

Oil prices jump again on worries about the Middle East as Wall Street fades
3 months, 1 week ago

Oil prices jump again on worries about the Middle East as Wall Street fades

LA Times  

Crude prices jumped Thursday on worries that worsening tensions in the Middle East could disrupt the global flow of oil, while U.S. stocks pulled back further from their records. One showed growth for real estate, healthcare and other U.S. services businesses accelerated to its strongest pace since February 2023 and topped economists’ expectations, though employment trends may be slowing. Outside …

Wall Street retreats from records and oil prices jump after Iran’s missile attack on Israel
3 months, 1 week ago

Wall Street retreats from records and oil prices jump after Iran’s missile attack on Israel

LA Times  

U.S. stocks retreated from their records Tuesday after Iran fired missiles into Israel, a sharp escalation of tensions in the Middle East that investors fear could lead to disruptions in the flow of oil. Oil prices jumped amid speculation about how Israel and the United States may respond to Iran’s move. White House national security advisor Jake Sullivan called Iran’s …

Stock market today: Wall Street ticks to another record as stocks worldwide rally
3 months, 2 weeks ago

Stock market today: Wall Street ticks to another record as stocks worldwide rally

LA Times  

U.S. stocks rose to another record Thursday as financial markets around the world rallied again. The hope on Wall Street is for a form of financial nirvana where the U.S. economy’s growth can hold steady and keep profits for companies humming while the Federal Reserve continues to lower interest rates. It’s now cutting them to make things easier for the …

Stock market today: Asian benchmarks dip after Wall Street's mixed finish
3 months, 4 weeks ago

Stock market today: Asian benchmarks dip after Wall Street's mixed finish

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares traded mostly lower …

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump
4 months ago

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

LA Times  

An American flag hangs from the front of the New York Stock Exchange on Tuesday in New York. JPMorgan Chase fell 5.2% after its chief operating officer said analysts’ expectations for an underlying measure of its profit may be “too high.” Goldman Sachs dropped 4.4% after its chief executive said its trading revenue for the current quarter is trending down …

Asia shares slip, China inflation surprisingly soft
4 months ago

Asia shares slip, China inflation surprisingly soft

Hindustan Times  

By Wayne Cole Asia shares slip, China inflation surprisingly soft SYDNEY -Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, though U.S. stock futures did rally from an early dip and bond yields came off their lows. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.2%, after shedding 2.25% last week, …

Wall Street slips, breaking an 8-day winning streak for stocks
4 months, 3 weeks ago

Wall Street slips, breaking an 8-day winning streak for stocks

LA Times  

Pedestrians pass the New York Stock Exchange. It is one of Wall Street’s most influential stocks because a frenzy around artificial intelligence technology has made it one of the U.S. stock market’s most valuable companies at roughly $3 trillion. Expectations aren’t that high this time around, with nearly everyone already in agreement the Fed will begin cutting interest rates next …

Stock market today: Wall Street holds relatively steady ahead of big tests coming later in the week
4 months, 4 weeks ago

Stock market today: Wall Street holds relatively steady ahead of big tests coming later in the week

Associated Press  

NEW YORK — U.S. stocks drifted through a quiet Monday to finish mixed, as markets around the world stabilized following a wild week of extreme swings. AP AUDIO: Stock market today: Wall Street holds relatively steady ahead of big tests coming later in the week AP business correspondent Seth Sutel reports a calmer atmosphere is starting the week on Wall …

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen
5 months, 1 week ago

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen

Associated Press  

TOKYO — Asian shares traded mixed Thursday as Tokyo’s benchmark plunged as the U.S. dollar sank against the yen. The widespread gains came as Treasury yields eased in the bond market after the Federal Reserve gave the clearest indication yet that it could begin lowering interest rates in September. Fed Chair Jerome Powell said policy makers are “getting closer to …

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rate
5 months, 1 week ago

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rate

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian stocks were higher Wednesday …

Stock market today: Asian stocks are mostly higher as Bank of Japan raises benchmark rate
5 months, 1 week ago

Stock market today: Asian stocks are mostly higher as Bank of Japan raises benchmark rate

Associated Press  

Asian stocks were mostly higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Japan’s benchmark Nikkei 225 edged 0.1% lower to 38,478.92 after the central bank’s decision to raise the benchmark rate to about 0.25% from 0.1%. The Hang Seng in Hong Kong added 1.9% to 17,326.58 and the Shanghai Composite index was …

Stock market today: Asian shares are mostly higher after Wall Street hits more records
6 months, 1 week ago

Stock market today: Asian shares are mostly higher after Wall Street hits more records

Associated Press  

BANGKOK — Shares were mostly higher in Asia on Thursday after Wall Street’s record-breaking rally powered on. The data could keep the Federal Reserve on course to deliver the cuts to interest rates later this year that Wall Street desires. One report said activity for businesses in the real estate, retail trade and other U.S. services industries contracted in June …

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zooms
6 months, 1 week ago

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zooms

Associated Press  

TOKYO — Asian shares were mostly higher on Wednesday after Tesla shares zoomed up more than 10%, helping to drive U.S. benchmarks to new records. But some traders were keeping to the sidelines ahead of Thursday’s Independence Day holiday in the U.S. “On the radar is the Japan’s Nikkei, which may extend its run above the 40,000 level, with overnight …

Stock market today: Asian shares are mixed after gains on Wall Street
6 months, 1 week ago

Stock market today: Asian shares are mixed after gains on Wall Street

Associated Press  

HONG KONG — Asian stocks were mixed Tuesday after stocks advanced on Wall Street and yields jumped in the U.S. bond market as election-related issues swayed markets worldwide. South Korea’s Kospi dropped 0.9% to 2,778.32 despite data from Statistics Korea showing the country’s consumer inflation slowed to an 11-month low in June. That bolstered hopes for potential gridlock in the …

Stock market today: Asian shares are mostly lower ahead of key US inflation report
6 months, 2 weeks ago

Stock market today: Asian shares are mostly lower ahead of key US inflation report

Associated Press  

BANGKOK — Shares fell Thursday in most Asian markets ahead of a key U.S. inflation report due Friday that might point the way ahead for interest rates. The markets’ big focus this week is on a U.S. government inflation report due Friday. AP AUDIO: Stock market today: Wall Street drifts in subdued trading around last week’s records Markets are moving …

Stock market today: Asian stocks follow Wall Street rise, but Nvidia tumbles again as AI mania cools
6 months, 2 weeks ago

Stock market today: Asian stocks follow Wall Street rise, but Nvidia tumbles again as AI mania cools

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asian shares falter after Nvidia rebound supports Wall St
6 months, 2 weeks ago

Stock market today: Asian shares falter after Nvidia rebound supports Wall St

Associated Press  

BANGKOK — Asian shares are mixed after a rebound for Nvidia propped up a weakened Wall Street. Most stocks outside Wall Street’s frenzy around artificial-intelligence technology fell. Nvidia has the power to swing the S&P 500 around because it’s grown to become one of Wall Street’s largest and most influential companies. Voracious demand for its chips to power artificial-intelligence applications …

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat
6 months, 4 weeks ago

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat

Associated Press  

TOKYO — Asian shares mostly rose Thursday, as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week. The Bank of Japan is not expected to raise its benchmark rate when it wraps up its meeting on Friday, but the economy is under pressure from the dollar’s prolonged surge against the Japanese …

Stock market today: Asian stocks rise after Wall Street barrels to records
7 months ago

Stock market today: Asian stocks rise after Wall Street barrels to records

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian markets rose Thursday after …

Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreat
7 months, 2 weeks ago

Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreat

Associated Press  

TOKYO — Asian shares were trading mixed Thursday, as investor sentiment in Tokyo was boosted by news of soaring Nvidia earnings. They showed Fed officials suggesting it “would likely take longer than previously thought” to get inflation fully under control following disappointingly high readings early this year. And even though Fed Chair Jerome Powell said after that meeting that the …

Stock market today: Asian markets follow Wall Street higher ahead of U.S. key inflation update
7 months, 3 weeks ago

Stock market today: Asian markets follow Wall Street higher ahead of U.S. key inflation update

Associated Press  

HONG KONG — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. Speaking at a panel discussion in Amsterdam on Tuesday, he reaffirmed that the U.S. central bank won’t likely raise its key interest rate to respond to stubborn inflation. In China, the Shanghai Composite index …

Stock market today: Asian shares mixed after calm day on Wall St
8 months ago

Stock market today: Asian shares mixed after calm day on Wall St

Associated Press  

TOKYO — Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. Nintendo Co.’s share price sank 5.2% after the company’s forecasts disappointed investors and it announced that news of a successor product to its popular Switch device will be made by March 2025. Japanese officials have expressed concern after the yen’s value slipped to …

Stock market today: Asian shares mostly higher, though China benchmarks falter
8 months ago

Stock market today: Asian shares mostly higher, though China benchmarks falter

Associated Press  

Asian markets were mostly higher Tuesday after another day of gains on Wall Street, although Chinese shares faltered. AP AUDIO: Stock market today: Wall Street rises to add to last week’s gains Market momentum from last week continues Monday. It sunk for weeks on fears that stubbornly high inflation would prevent or at least delay the Federal Reserve from delivering …

Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months
8 months, 2 weeks ago

Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months

Associated Press  

NEW YORK — The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday. Such an interpretation calms worries that the U.S. economy could be heading for a toxic mix of stagnating growth and high inflation, something that the Federal Reserve doesn’t have great tools to fix. After earlier indicating that …

Stock market today: Asian benchmarks mostly climb despite worries about US economy
8 months, 2 weeks ago

Stock market today: Asian benchmarks mostly climb despite worries about US economy

Associated Press  

TOKYO — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world. Although a weak yen is a boon for Japan’s giant exporters like Toyota Motor Corp., whose overseas earnings are boosted when converted into yen, some Japanese officials, including Finance Minister Shunichi Suzuki, has been raising concerns …

Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
8 months, 3 weeks ago

Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high

Associated Press  

TOKYO — Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may stay high for a while. The mixed reaction came after Federal Reserve Chairman Jerome Powell said at an event Tuesday that the central bank has been waiting to cut its main interest rate, which is at its highest level since 2001, because it first …

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
8 months, 3 weeks ago

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data

Associated Press  

BANGKOK — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. Traders want lower interest rates, which can give the overall economy a boost, and much of the U.S. stock market’s run to records recently was built on expectations for cuts. But strong reports like Monday’s, …

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate
8 months, 3 weeks ago

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. U.S. futures rose and oil …

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech
8 months, 4 weeks ago

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asia stocks were mostly lower …

Stock market today: Asian markets are mixed after a slow day on Wall St ahead of US inflation update
9 months ago

Stock market today: Asian markets are mixed after a slow day on Wall St ahead of US inflation update

Associated Press  

BANGKOK — Shares were mixed in Asia on Wednesday after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. The dominant question hanging over Wall Street is whether inflation will cool enough to convince the Federal Reserve to deliver the cuts to interest rates that traders are craving and have been betting on. “There’s a …

Stock market today: Asian shares mostly rise cheered by Wall Street finish
9 months, 1 week ago

Stock market today: Asian shares mostly rise cheered by Wall Street finish

Associated Press  

TOKYO — Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year. Analysts say Taiwan Semiconductor Manufacturing Co’s facilities may get quicker-than-expected relief — easing concerns about production halts — after a powerful earthquake struck Wednesday, killing at least nine people. “Market participants took comfort in the …

Stock market today: Global stocks mixed after strong US factory data prompt Wall St retreat
9 months, 1 week ago

Stock market today: Global stocks mixed after strong US factory data prompt Wall St retreat

Associated Press  

HONG KONG — Global stocks were mixed on Tuesday after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates. China real estate developer Vanke’s Hong Kong-listed shares slumped 12.9% after it reported last week that its 2023 core profit sank 50.6% from a year earlier. Elsewhere in Asia, …

Stock market today: Asian shares are mostly higher after another set of Wall St records
9 months, 1 week ago

Stock market today: Asian shares are mostly higher after another set of Wall St records

Associated Press  

BANGKOK — Asian shares ended mostly higher in quiet, Good Friday holiday trading, while European and U.S. markets were closed. It has leaped as the U.S. economy has remained remarkably solid despite high interest rates meant to get inflation under control. And with inflation hopefully still cooling from its peak, the Federal Reserve has indicated it will likely cut interest …

Stock market today: Asian shares are mostly higher after another set of Wall St records
9 months, 1 week ago

Stock market today: Asian shares are mostly higher after another set of Wall St records

Associated Press  

BANGKOK — Asian shares were mostly higher Friday in quiet holiday trading, with markets closed in Hong Kong, Sydney, Singapore and India, among other places. The U.S. stock market has been on a nearly unstoppable run since late October, and the S&P 500 just capped its fifth straight winning month. Most stocks scrambled higher during the quarter, led by a …

Stock market today: Asian shares are mixed after Bank of Japan ups key rate for 1st time in 17 years
9 months, 3 weeks ago

Stock market today: Asian shares are mixed after Bank of Japan ups key rate for 1st time in 17 years

Associated Press  

BANGKOK — Shares are mixed in Asia after the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, ending a longstanding negative rate policy. It said that wage increases and other indicators suggested that inflation had stabilized above the BOJ’s 2% target, but noted “extremely high uncertainties,” including weakness in industrial production, exports, housing …

Stock market today: Wall Street slips further away from records amid inflation worries
9 months, 3 weeks ago

Stock market today: Wall Street slips further away from records amid inflation worries

Associated Press  

Wall Street closed out its second straight losing week Friday, giving back some of the gains that helped push the stock market to an all-time high earlier in the week. Inflation remains the big concern for Wall Street amid hopes for the Federal Reserve to start cutting interest rates. A report on consumer prices this week showed inflation remains stubborn, …

Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent
9 months, 3 weeks ago

Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent

Associated Press  

BEIJING — Asian markets retreated Friday, with Hong Kong’s benchmark falling 2%, after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon. It’s the latest in a string of data on inflation that’s been worse than forecast, which has kept the door closed on earlier hopes that the Federal Reserve could …

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