Markets today: Stocks fall after pay data fuel hawkish Fed wagers

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 50%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stocks joined losses in bonds after a report showing surprisingly high labour costs reinforced speculation the U.S. Federal Reserve will be in no rush to cut interest rates.

Markets today: Stocks fall after pay data fuel hawkish Fed wagersExxon Oil Traders in Belgium Protest Mandatory Move to LondonECB Shouldn’t Cut in Both June and July, Holzmann Tells PlatowWall Street Helps Build $15 Billion Pot of Blended FinanceBitcoin Faces Worst Month Since FTX Crash With ETF Demand CoolingUS Labor Costs Rise by Most in Year in Sign of Wage PressuresFirst 2024 Canada carbon rebates will be deposited today for some CanadiansThe big benefits of adopting a debt-free...

growth slowed sharply last quarter to 1.

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:

 /  🏆 83. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Markets today: Earnings keep stocks aloft at start of Fed weekStocks were buoyed by earnings optimism as traders looked ahead to a busy week for company results. The yen rebounded after dropping to its lowest in 34 years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks sink as U.S. CPI shuts door on Fed June pivotWall Street traders sent stocks and bonds sliding after another hotter-than-estimated inflation report signaled the U.S. Federal Reserve will be in no rush to cut interest rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks fall with bonds as U.S. CPI curbs Fed-pivot betsStock futures joined losses in bonds as hotter-than-estimated inflation data bolstered speculation the U.S. Federal Reserve will be in no rush to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: U.S. stocks join losses in bonds as Fed-cut wagers fadeWall Street traders sent both stocks and bonds lower after solid US factory data reinforced speculation that the Federal Reserve will be in no rush to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks Waver to kick off jobs week as Fed in focusStocks fluctuated at the start of a week that will bring a raft of jobs readings, with traders also set to weigh comments a multitude of Federal Reserve speakers for clues on the interest-rate path.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Asian Stocks Set to Drop on Hawkish Fed Comments: Markets WrapAsian stocks are set to fall in early trading after US shares and Treasuries extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will remain higher for longer.
Source: BNNBloomberg - 🏆 83. / 50 Read more »