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Currency traders talk each others near the screens showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Dec. 12, 2024. Inflation in the U.S. ticked up to 2.7% in November from a year earlier from 2.6% in October, fueled by pricier used cars, hotel rooms and groceries. That shows some price pressures remain elevated, but not enough to prevent the Fed from cutting interest rates at its meeting next week.after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy and to prices for investments, but they could also provide more fuel for inflation.
Stitch Fix soared 44.3% after the company that sends clothes to your door reported a smaller loss for the latest quarter than analysts expected. It also gave financial forecasts for the current quarter that were better than expected, including for revenue.
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Stock market today: Asian stocks track Wall Street gain with Nvidia report and bitcoin surgeAsian stock rise following gains on Wall Street after market superstar Nvidia and other companies said they’re making even fatter profits than expected.
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Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
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Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
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Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surgesShares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month. The dollar was trading at 156 Japanese yen. On Wednesday, the S&P 500 ended little changed and the Dow Jones Industrial Average edged up 0.1%. The Nasdaq composite slipped 0.3%.
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Stock market today: Asian shares rise after tech stocks pull Wall Street to another recordAsian shares are mostly higher after technology stocks pulled Wall Street to another record finish. Benchmarks rose in Tuesday trading in Tokyo, Seoul, Sydney, Hong Kong and Shanghai. On Monday, the S&P 500 rose 0.2% after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%.
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Stock market today: Asian stocks climb after Wall Street's post-election boom slowsAsian shares are mostly higher after U.S. stocks slipped as the market’s rally following Trump’s election victory continued to cool.
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