Volatility returned as market participants adjusted their expectations for rate cuts.
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% []
The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
The BSE and NSE equity markets will be closed for trading on Thursday due to Eid-Ul-Fitr (Ramzan Id). Additionally, India's largest agricultural commodity exchange, NCDEX, will also remain closed tomorrow. Meanwhile, MCX will be shut for the first session from 9 am to 5 pm but will resume trading after 5 pm.Additionally, equity markets will remain closed on April 17 as well for the occasion of Ram Navami.Also read: Stock market holidays in April 2024: NSE, BSE to remain shut on these two...
Equities retreated after inflation data called the Fed's rate-cut plans into question.
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.
US stocks searched for direction on Tuesday as the Dow looked to snap a
Investors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.
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 […]
Worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.