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 []
HONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their
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
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You probably shouldn’t take investing advice from Donald Trump. In 2020, Trump famously predicted that “the stock market will crash” if Joe Biden became president. Biden did, and equity investors have since turned a handsome profit. Since Biden took office, the S&P 500 stock index has risen a healthy 40%, capped by a five-month rally […]
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% []
(Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut on the New York Stock Exchange on Thursday, giving the Walmart-backed company a market valuation of $3.55 billion. Ibotta sold 6.6 million shares at $88 apiece in its initial public offering (IPO), raising $577.3 million. Ibotta's stellar listing follows successful debuts by social media platform Reddit and chip firm Astera Labs.
The two indexes have closed lower for five straight sessions.
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.
The ongoing challenges for department stores keep playing into the hands of off-price competitors like TJX — even if its stock hasn't keep pace.
Stocks in Asia are primed for early declines after higher-than-expected US