(Reuters) – U.S. stock index futures were largely flat on Friday after declining in the previous session when investors fretted over President Donald Trump’s tariff threats and the Federal Reserve’s interest rate outlook. All three indexes clocked declines in the last session also after a downbeat forecast from retail giant Walmart. Walmart edged 0.4% higher…
The removal of property curbs a year ago has failed to support home prices, as the market value of private residential properties in Hong Kong was down by HK$480 billion (US$61.7 billion) since February 2024, Centaline Property said on Thursday. The withdrawn measures included the Buyer’s Stamp Duty that targeted non-permanent residents and a New…
Global stock markets held largely steady on Tuesday as top US and Russian diplomats held their first high-level discussions since Russia invaded Ukraine. The talks, which excluded Europe and Ukraine, ended with Moscow and Washington agreeing to appoint teams to negotiate an end to the Ukraine war. “Donald Trump continues to be the dominant force…
Asian markets were mixed Tuesday with Hong Kong resuming its tech-led rally after a meeting between President Xi Jinping and China’s top business leaders fanned hopes that a long-running crackdown on the private sector is coming to an end. The Hang Seng Index’s gains extended an impressive start to the year, with the emergence of…
MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools. The Reserve Bank of Australia reduced the cash rate by a quarter percentage point from 4.35% to 4.1%. at its first board meeting for the year. The cut was…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The stock market appears to have a case of the inflation jitters. The last few weeks of market action have shown a clear trend. Any news that could hint at higher-than-expected inflation in…
NEW YORK — U.S. stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation. The Standard & Poor’s 500 fell 0.9% and erased what had been a modest gain for the week. It’s one of the worse drops for the index so far this year, but it remains near its record set two…
By Lewis Krauskopf, Saqib Iqbal Ahmed NEW YORK (Reuters) -A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump’s tariff plans are endangering Wall Street’s hopes for interest rate cuts this year. The benchmark S&P 500 remained about 1% below…
A look at the day ahead in U.S. and global markets from Mike Dolan Another forecast miss from a U.S. megacap combines with caution ahead of January’s employment report to keep a lid on stocks into Friday’s open – with buoyant long-dated Treasuries squashing the yield curve to its flattest for the year. Much like…
Interest rates could be in the perfect range for markets right now, Morgan Stanley’s CIO said. The Fed left interest rates unchanged following its January policy meeting. Inflationary pressures could mean that future rate cuts aren’t coming for a while, forecasters say. The Federal Reserve’s decision to keep interest rates level after its policy meeting…