Asian stocks follow Wall Street ahead of likely U.S. rate hike

Shanghai, Hong Kong and South Korea declined. Tokyo advanced. Oil prices were little changed, staying below US$100 per barrel.

Investors worry aggressive action against inflation by the Fed and central banks in Europe and Asia might derail global economic growth. On Wall Street, the benchmark S&P 500 index fell 1.2% to 3,921.05. The Dow Jones Industrial Average dropped 0.7% to 31,761.54. The Nasdaq composite closed 1.9% lower at 11,562.57.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nascent U.S. stock rally hangs in balance as Wall Street awaits megacap earningsResults from the four largest companies by market value could help determine whether the stock market can sustain its recent pace
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Google reassures Wall Street with ad business showing resilience - BNN BloombergGoogle parent Alphabet reported second-quarter revenue that met analysts’ expectations, reflecting the internet giant’s resilience amid slowing growth in advertising.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »