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Asian Stocks Eye Early Gains as Rate Cut Bets Firm: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian stocks rose on Monday as a weak reading of the Federal Reserve’s preferred inflation gauge spurred hopes of an interest rate cut. Most read articles on Bloomberg Australian, Japanese and Hong Kong shares rose, while Indian stock futures surged after exit polls showed a landslide victory for Prime Minister Narendra Modi’s party. […]

Stocks Slide With Bonds After US Yield Spike: Markets Wrap – Yahoo Finance

(Bloomberg) — Stocks fell and bond prices slid, following an overnight sell-off in U.S. Treasuries after a weak bond auction and hawkish comments from the Federal Reserve chairman. Most read articles on Bloomberg Europe’s Stoxx 600 index fell 0.6%, and futures pointed to a similar decline on Wall Street. UK 10-year government bond yields rose […]

Asia markets mostly lower after investors assess Australia inflation data – CNBC

2 hours ago Japan consumer confidence falls in May as most households expect prices to rise Japan Consumer Confidence Index The index fell to 36.2 in May from 38.3 in April, continuing a decline since February and reaching its lowest level since November. The majority of survey respondents expect prices to rise over the next […]

Wall Street mixed after holiday as markets await inflation data – Yahoo Finance

Abigail Somerville NEW YORK (Reuters) – The Nasdaq Composite Index topped 17,000 points for the first time on Tuesday, buoyed by a rise in Nvidia shares, while the S&P 500 closed modestly higher and the Dow Jones Industrial Average closed lower on rising Treasury yields. Nvidia rose 7% and other semiconductor stocks also rose as […]

European stocks tick higher; UK and U.S. markets closed – CNBC

52 minutes ago German economic sentiment falls short of expectations What is the German economic outlook? May was stagnant, A survey by the country’s Ifo institute showed improvement for the third consecutive month. “Sentiment among German businesses remains unchanged. The ifo business climate index remained at 89.3 points in May. Companies are not satisfied with […]

Asian Stocks Climb as Risk Sentiment Rebounds: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian shares tracked gains in the U.S. as lower expectations for U.S. consumer price growth strengthened the case for the Federal Reserve to cut interest rates later this year. Most read articles on Bloomberg Markets in Australia, South Korea and Japan posted modest gains on Monday, while Hong Kong stock futures also rose. […]