BANGKOK (AP) — Shares were mixed Wednesday in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong’s Hang Seng gained 1.7% to 17,115.94
HONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low. Japan’s benchmark Nikkei 225 gained 0.8% []
Ford Lightning Price Cut "Sends Shockwaves Through EV Market" Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150 Lightning pickup truck amid concerns about sliding demand across the EV industry. Meanwhile, an EV price war between the automakers rages on as unprofitable EV startups struggle to survive. Let's begin with a Bloomberg report that says Ford is reducing the...
CNBC Pro screened for global stocks that have had their upside potential
NEW YORK (AP) — A washout on Wall Street sent stocks sinking Wednesday, as worries rose that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend. The S&P 500 dropped 0.9%, and the vast majority of stocks within the index fell. The Dow Jones Industrial Average []
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
Equities struggled before tomorrow's big Consumer Price Index report.
US stocks fell on Wednesday, struggling to mount a comeback as investors’ interest rate worries coincided with a fresh slate of corporate earnings. After all three major indexes started the day in the green, the S&P 500 (^GSPC) ended down about 0.6%. The Dow Jones Industrial Average (^DJI) lost a more modest 0.1%. Meanwhile, the […]
Stocks slid and bond yields soared on Wednesday after inflation data came
According to Chris Vermeulen, the Chief Investment Officer (CIO) of Technical Traders. This could lead to a bear market and a challenging "reset" that may negatively impact returns for years. read more
BANGKOK (AP) — Shares were mixed in Asia on Wednesday after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong's Hang Seng gained 1.9% to 17,144.54, while the Shanghai Composite index slipped 0.3% to 3,088.25. Tokyo's Nikkei 225 gave up 0.4% to 39,616.51 and the S&P/ASX 200 in []