Stock market today: Asia markets higher ahead of U.S. inflation, Fed rates decision

📆 13/06/2023 10:01:00
📰 CTVCalgary

⏱ Reading Time:
27 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 68%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Asian stock markets were mostly higher Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike.

Get the latest newsletters right to your inbox

The Fed's benchmark lending rate is at a 16-year high, which has led to a contraction in manufacturing activity and three high-profile bank failures. The Nikkei 225 in Tokyo surged 1.8% to 33,018.65 and the Hang Seng in Hong Kong advanced 0.5% to 19,495.06. High-growth stocks, seen by investors as some of the biggest beneficiaries of lower rates, led the market Monday. Tech stocks alone accounted for more than half the S&P 500's gain, powered by gains of at least 1.5% for both Microsoft and Apple.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Asia markets higher ahead of US inflation, Fed rates decisionAsian stock markets were mostly higher Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike.
Fonte: CTVNews - 🏆 1. / 99 Consulte Mais informação »