The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite saw significant losses this week as investor sentiment soured over escalating trade policy actions and signs of economic weakness. While markets attempted a recovery on Friday, they still posted their worst weekly performance in several months, according to CNBC. The S&P 500 rose 0.55% to…
BANGKOK (AP) — Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and U.S. futures sank, while Chinese shares shed some of their early gains after a survey of manufacturers showed export orders dropping to a five-month low. The official manufacturing purchasing managers…
By Lewis Krauskopf and Suzanne McGee NEW YORK (Reuters) – The rally in U.S. stocks is encountering a fresh hurdle — a potentially problematic rise in Treasury yields as the Federal Reserve signals fewer interest rate cuts for 2025. The central bank’s rate outlook on Wednesday included only two cuts in the coming year, rather…
U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.The S&P 500 fell 2.9%, just shy of its biggest loss for the year from the summer, to pull further from its…
A look at the day ahead in European and global markets from Stella Qiu The rash of rate cuts over the past few days, with outsized 50 bp moves in Switzerland and Canada and a 25 bp easing by the European Central Bank, has helped to turbocharge the U.S. dollar, which jumped 1% on the…
(Bloomberg) — Asian stocks rose Thursday after US equities snapped a two-day slide on benign inflation data that supported expectations of a Federal Reserve interest-rate cut this month. Most Read from Bloomberg Japanese stocks led gains in the region, with equities in China, Hong Kong and South Korea also rising. The rally was driven by…
Financial markets gave investors a lot to ponder during the Thanksgiving holiday-shortened week. US stocks closed out the week at record highs on Friday, propelled by technology stocks, while Treasury yields declined and the dollar slipped, reversing eight straight weeks of gains. There was plenty of good news for markets. Wall Street was optimistic about…
The roaring rally in US stocks lost steam on Tuesday as investors assessed whether buying has been overdone and what President-elect Donald Trump’s Cabinet picks mean for policy. The Dow Jones Industrial Average (^DJI) slid about 0.6%, or roughly 250 points. The S&P 500 (^GSPC) fell almost 0.4%, and the tech-heavy Nasdaq Composite (^IXIC) slipped…
Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing’s week-long legislative meeting drawing to a close. Regional equities had started the day by tracking Wall Street’s overnight rise to record highs, with investors digesting the Federal Reserve’s message for careful…
US stocks hovered near record highs on Friday, with the Nasdaq slipping as post-election euphoria ebbed and China’s latest stimulus plan fell flat. The S&P 500 (^GSPC) rose 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) dropped roughly 0.1%. The Dow Jones Industrial Average (^DJI) rose slightly. Stocks are trending toward a downbeat end to a…