People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, Dec. 8, 2022, in Tokyo. Shares are mostly lower in Asia after Wall Street sagged under weakness in tech stocks. Stocks rose in midday trading on Wall Street Thursday, but remain lower for the week after five straight losses.&P 500 rose 0.8% as of 11:54 a.m. Eastern. The Dow Jones Industrial Average rose 215 points, or 0.6%, to 33,812 and the Nasdaq rose 1.2%.
U.S. crude oil prices edged 0.7% higher after bouncing around earlier in the day. They hit their lowest point of the year a day earlier. Low unemployment is good for the broader economy but makes it more difficult for the Federal Reserve to tame inflation. The central bank has been raising interest rates to curb borrowing and spending in order to cool the hottest inflation in decades. Its benchmark interest rate sits at 3.75% to 4%, the highest in 15 years.
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La source: AP - 🏆 728. / 51 Lire la suite »
Stocks rise on Wall Street, but remain lower for the weekShares are mixed in Europe and Asia ahead of the release Thursday and Friday of U.S. jobless and inflation data. inflation kprc2 click2houston us
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Stocks fall again on Wall Street, extending recent lossesStocks fell again on Wall Street, extending the market's recent string of losses
La source: WOKVNews - 🏆 247. / 63 Lire la suite »
Stocks decline in Asia, extending losses on Wall StreetShares are lower in Asia after benchmarks fell again on Wall Street on fears the Federal Reserve will need to keep the brakes on the economy to get inflation under control, risking a sharp recession
La source: WOKVNews - 🏆 247. / 63 Lire la suite »