Stocks slid and bond yields soared on Wednesday after inflation data came
HONG KONG (AP) — Asian stocks tumbled Friday, with Japan’s Nikkei slumping 3.5% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region, and U.S. futures were sharply lower. Oil prices jumped about $3 as the state-run IRNA news agency reported that Iran []
Stocks sold off sharply Friday on disappointing bank forecasts and speculation that Iran is planning an attack on Israel.
U.S. stocks are sinking Wednesday on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend.
U.S. stocks are sinking Wednesday on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend.
The world’s biggest bond market remained under pressure, with traders sifting through a slew of remarks from Federal Reserve speakers on speculation that policymakers will be in no rush to cut rates.
Stocks kicked off the week on a positive note, while bonds fell as data showed economic resilience and speculation grew that the Middle East conflict remains contained.
Stocks in Asia are primed for early declines after higher-than-expected US
Bonds in Asia fell sharply after higher-than-expected US inflation supported the view that the Federal Reserve is in no rush to cut interest rates.
Wall Street traders sent stocks and bonds sliding after a hotter-than-estimated inflation report signaled the Federal Reserve will be in no rush to cut interest rates this year.
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 []
Equities retreated after inflation data called the Fed's rate-cut plans into question.