Currencies tread cautiously after US inflation report, focus on ECB – Yahoo Finance
Ankur Banerjee SINGAPORE (Reuters) – Currency markets started the week cautiously, with the dollar slightly lower on Monday after data released last week showed U.S. inflation stabilised in April, leaving open the possibility that the Federal Reserve could cut interest rates this year. The dollar recorded its first monthly decline this year in May, weighed […]
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. […]
Indexes are a mixed bag as investors weigh inflation data – Yahoo Finance
Abigail Somerville NEW YORK (Reuters) – The S&P 500 and Nasdaq indexes fell to start the week on Friday, snapping a five-week winning streak, as investors digested an inflation report and waited to determine when the Federal Reserve would start cutting interest rates. The Dow Jones Industrial Average rose that day. The technology sector was […]
Largest ETF Outflows in Over a Year a Warning For China's Stock Rally – Yahoo Finance
(Bloomberg) — Investors pulled money out of China exchange-traded funds in May for the first time in 15 months, raising questions about the strength of the recent stock market rebound. Most read articles on Bloomberg Shanghai and Shenzhen stock ETFs saw a combined $4.2 billion in outflows in the month through Monday, more than investors […]
European Futures Slip as High Yields Sour Mood: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — European stocks are set to follow selling pressure from Asia as U.S. Treasury yields hover near this year’s highs, keeping risk sentiment in check. Most read articles on Bloomberg Euro Stoxx 50 futures fell 0.4% and U.S. stock futures also fell. The MSCI Asia Pacific Index fell to its lowest in three weeks, […]
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 […]
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 […]
Nasdaq closes above 17000; S&P 500 slightly higher, Dow down – 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 […]
History Says the Nasdaq Could Soar: 2 Top Growth Stocks to Buy Now for the Bull Market – Yahoo Finance
of Nasdaq Composite Index (NASDAQINDEX: ^IXIC) The Nasdaq entered a new bull market some 17 months ago in December 2022 and has risen 68% since then, but history suggests there’s even more upside to come for the tech-heavy index. Average return of 215% The company has taken an average of 40 months to turn a […]
Asian Stocks Tread Water Before Inflation Data: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — Asian shares traded in a narrow range on Tuesday and the dollar fell ahead of a set of inflation data that is expected to influence the direction of global monetary policy. Most read articles on Bloomberg South Korean and Taiwanese shares rose. U.S. and British markets were closed on Monday and European shares […]