Stocks dip, dollar steadies as investors seek rates clarity

Japan’s Nikkei share average fell 1.1 percent as investors exited some bullish positions after the benchmark index closed at a 33-year high in the previous session.U.S. S&P 500 E-mini stock futures slipped 0.1 percent in Asian trade. Wall Street stock indexes ended Monday’s shortened session up slightly along with Treasury yields.

The minutes from the Fed’s last meeting are due later this week, which could provide additional clues on policy direction but also inject some volatility, he said. Geopolitical tensions also persist, he noted, with China’s export controls on minerals adding more uncertainty around global trade relations.In the currency market, the dollar index, which tracks the greenback against six major peers, rose slightly to 102.97.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street’s ‘crystal ball’ shatters as S&P 500 stocks stage big rally | Alexandra SemenovaAs the trillion-dollar AI rally gathers pace, pity the humans on Wall Street trying to figure out this gravity-defying market. With the S&P 500 Index staging an improbable 16% advance this year, being both bearish and wrong is making life awkward for the people paid to predict where equities will…
Source: BusinessMirror - 🏆 19. / 59 Read more »