A currency trader passes by the screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 8, 2024. – Asian shares mostly rose Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation.
Treasury yields climbed Friday following the jobs report. The yield on the 10-year Treasury rose to 4.40% from 4.31% just before the report was released. The two-year yield, which moves more on expectations for the Fed, rose to 4.75% from 4.65% just prior to the report. All told, the S&P 500 rose 57.13 points to 5,204.34 Friday. The Dow added 307.06 points to 38,904.04, and the Nasdaq gained 199.44 points to 16,248.52.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares mostly decline after Wall Street drop on rate cut concernsAsian shares are mostly declining after a Federal Reserve official said the central bank might not deliver any of the cuts to interest rates this year that Wall Street has been counting on. Benchmarks fell in Tokyo, Sydney, Seoul and Hong Kong. On Wall Street, the S&P 500 dropped 1.2% Thursday for its worst day since February.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares mostly decline after Wall Street drop on rate cut concernsAsian shares are mostly declining after a Federal Reserve official said the central bank might not deliver any of the cuts to interest rates this year that Wall Street has been counting on. Benchmarks fell in Tokyo, Sydney and Seoul and was little changed in Hong Kong. On Wall Street, the S&P 500 dropped 1.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares mostly rise as investors look to earnings and inflation signsAsian shares are mostly higher as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares mostly rise as investors look to earnings and inflation signsAsian shares are mostly higher as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation. Benchmarks rose in Monday morning trading in Tokyo, Seoul, Sydney, Hong Kong and Shanghai.
Source: AP - 🏆 728. / 51 Read more »