So far on Wednesday, the stock market was largely ignoring the morning’s inflation report because the main CPI reading was as economists expected. But a look deeper into the report spells trouble for a stock market — and president-elect — that are going to want the Federal Reserve to keep cutting rates throughout next year…
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI…
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Asia-Pacific stock markets opened lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders assessed corporate goods data out of Japan, which showed year-on-year producer price growth, or…
Traders work on the New York Stock Exchange floor on November 12, 2024 in New York City. Source: NYSE U.S. stock futures traded near the flatline Tuesday night as Wall Street awaited the latest consumer price index data for insights on the pace of inflation. Futures tied to the Dow Jones Industrial Average slipped just…
Citizens are shopping at a supermarket in Nanjing, East China’s Jiangsu province, on March 9, 2024. Costfoto | Nurphoto | Getty Images Asia-Pacific markets fell Monday after China’s latest stimulus measures underwhelmed and its October inflation numbers came in lower than expected, prompting concerns over the recovery in the world’s second-largest economy. Beijing announced a…
People visit a riverside in front of the Lujiazui financial district, during the National People’s Congress (NPC) in Shanghai, China, March 7, 2023. Aly Song | Reuters Asia-Pacific markets climbed on Tuesday, after the U.S. Federal Reserve cut interest rates by 25 basis points and major U.S. indexes continued their postelection rally. Investors will be…
Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures hovered near the flatline Thursday night after the S&P 500 and Nasdaq Composite hit records in a postelection rally and investors weighed the…
Treasury yields were slightly lower on Thursday as investors reacted to Donald Trump‘s sweeping election victory and awaited the U.S. Federal Reserve‘s decision on interest rates. The 10-year Treasury yield fell more than 1 basis point to 4.409% after jumping over 14 points to hit 4.433% in the previous session, notching its highest level since…
The font entrance of the Tokyo Stock Exchange (TSE) in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images Asia-Pacific markets were mixed Thursday after former President Donald Trump won the White House, defeating Vice President Kamala Harris in the 2024 presidential election. NBC News projects that Trump will win at least…
BEIJING, CHINA – SEPTEMBER 04: Buildings and vehicles are seen in the central business district during the rush hour on September 4, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets rose Monday as investors geared up for a busy week that includes the U.S. presidential election and the…