Wall
(Bloomberg) — A selloff on Wall Street went global as investors grappled with the threat of higher-for-longer interest rates, China’s sluggish economy and an Israeli counter-strike. Most Read from Bloomberg The Stoxx Europe 600 Index sank 1.3%, echoing moves in Asian and US equities. After a historic advance at the start of year, investors have […]
TOKYO (AP) — Asian shares mostly declined Friday after a U.S. Federal Reserve official said the central bank might not deliver any of the interest rate cuts that Wall Street has been banking on this year, citing concerns about inflation. Japan’s benchmark Nikkei 225 dove 2.4% to 38,812.24. Sydney’s S&P/ASX 200 slipped 0.8% to 7,756.20. […]
Investing.com– U.S. stock index futures rose slightly in evening deals on Wednesday after Wall Street stemmed a two-day rout, although uncertainty over interest rates, especially ahead of key labor market data and Federal Reserve comments, kept any upside limited. Markets were also navigating weaker-than-expected purchasing managers index (PMI) data and middling signals on interest rates […]
Republican Senate candidate Steve Garvey, a former Los Angeles Dodgers baseball player, tosses a baseball to supporters at his election night watch party on March 5 in Palm Desert, Calif. Mario Tama/Getty Images hide caption toggle caption Mario Tama/Getty Images Republican Senate candidate Steve Garvey, a former Los Angeles Dodgers baseball player, tosses a baseball […]
US stocks were in a holding pattern on Tuesday after a pullback from all-time highs, with retail earnings on tap to occupy investors counting down to a crucial inflation report. The Dow Jones Industrial Average (^DJI) fell about 0.5%, while the S&P 500 (
US stocks were mixed on Tuesday after a pullback from all-time highs, with retail earnings on tap to occupy investors counting down to a crucial inflation report. The Dow Jones Industrial Average (^DJI) fell about 0.3% while the S&P 500 (
Stock market today: US futures muted as Wall Street watches and waits Yahoo Finance Source link
(Bloomberg) — A renewed wave of dip buying sent stocks and bonds higher on Wednesday after losses triggered by an unexpected pickup in US inflation. Most Read from Bloomberg Coming soon: Sign up for Hong Kong Edition to get an insider’s guide to the money and people shaking up the Asian finance hub. The rebound […]
The last time the Fed cut rates was at the onset of the pandemic, slashing rates to near-zero levels. Fed Chair Jerome Powell explained the cuts were needed to counter the dangers that Covid posed to the economy. Before the pandemic, the Fed cut rates in 2019 as the trade war between the United States […]
Presidents cycle through the White House, but Wall Street remains unfazed about the next leader—for now. Despite the looming uncertainty over the Oval Office occupant by year-end, banking heavyweights are bullish on the market’s prospects, predicting a rally regardless of who takes the oath in January. Analysts told Fortune that the whims of incoming politicians—particularly […]