By Suzanne McGee and Saqib Iqbal Ahmed (Reuters) – A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious about the pace of inflation. The path ahead remains shadowed by ongoing uncertainty about…
BANGKOK (AP) — Asian shares were mostly higher Thursday in thin post-Christmas holiday trading, while oil prices rose. Japan’s Nikkei 225 index surged 0.8% to 39,449.55, on strong gains in retailers and tourism-related stocks after Japan agreed to ease visa conditions for Chinese tourists. Isetan Mitsukoshi Holdings, a major department store group, gained 7%. J….
BANGKOK (AP) — World shares skidded Thursday after U.S. stocks tumbled as the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought. The Fed cut its key rate by a quarter of a percentage point to between 4.25% and 4.5%, as expected. The Bank of England was expected to keep…
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. The S&P 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. The loss snapped a seven-day winning streak for the benchmark index. The Dow Jones Industrial Average fell…
TOKYO — Asian shares mostly declined on Tuesday as worries spread over President-elect Donald Trump’s comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Japan’s benchmark Nikkei 225 dropped 0.9% to 38,442.00. Australia’s S&P/ASX 200 lost 0.7% to 8,359.40. South Korea’s Kospi dipped 0.6%…
BANGKOK (AP) — Asian shares advanced Tuesday, apart from in China, after most U.S. stocks ticked higher to recover some of their swoon from last week. Oil prices and U.S. futures edged higher. Tokyo’s Nikkei 225 rose 0.4% to 38,471.58 and the Kospi in Seoul climbed 0.2% to 2,474.26. Chinese shares have wavered under concern…
TOKYO (AP) — Global shares mostly fell Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as U.S. president. France’s CAC 40 declined 0.9% in early trading to 7,358.92, while Germany’s DAX fell 0.8% to 19,296.75. Britain’s FTSE 100 shed 0.7% to 8,066.66. U.S. shares were…
HONG KONG (AP) — Asian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations. China on Friday approved a 6 trillion yuan ($839 billion) plan during a national legislature meeting. The long-anticipated stimulus is designed to help local governments refinance…
Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will mean for the economy and the world. Markets also were turning their attention to the Federal Reserve’s decision on interest rates, due later in the day. Japan’s Nikkei 225 shed…
NEW YORK (AP) — U.S. stock indexes barely budged after a quiet day of mixed trading on Tuesday. The S&P 500 edged down by less than 0.1%. It was a tiny loss, but it still marked the first back-to-back drop for the index in a month and a half. The index fell modestly on Monday…