Stock market today: Asian stocks are mixed ahead of key US inflation data

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 53 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 63%

U.S. News News

World News,Washington News,Business

Asian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday.

Cold-weather shelters open Wednesday in Jacksonville, Flagler County as temperatures expected to drop again

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Dec. 11, 2024, in Tokyo. A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Dec. 11, 2024, in Tokyo. Japan’s benchmark Nikkei 225 slipped 0.3% to 39,261.03 after data showed that Japan’s wholesale inflation in November rose 3.7% year-on-year, marking three consecutive months of increases and further adding pressure on the Bank of Japan to raise interest rates.

Wednesday’s update on consumer inflation and a report Thursday on inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect this year’s third cut tofrom a two-decade high since September to take pressure off the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation.

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:

 /  🏆 246. in BUSİNESS
 

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

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.

Stock market today: Asian shares are mixed, with US markets closed for ThanksgivingAsian shares are mixed after U.S. markets were closed for the Thanksgiving holiday. The yen gained against the dollar. Early Friday, U.S. futures gained and oil prices rose. U.S. markets will reopen for a half day on Friday. On Wednesday, the S&P 500 fell 0.4% and the Dow Jones Industrial Average slipped 0.3%. The Nasdaq composite lost 0.6%. U.S.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surgesShares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month. The dollar was trading at 156 Japanese yen. On Wednesday, the S&P 500 ended little changed and the Dow Jones Industrial Average edged up 0.1%. The Nasdaq composite slipped 0.3%.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares are mixed after Wall St records despite tariff talkShares are mixed in Asia after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs, which caused only ripples on Wall Street.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surgesShares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian shares are mixed after Wall Street suffers worst loss since Election DayShares are mixed in Asia after U.S. stocks fell to their worst loss since Election Day.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares are mixed after Wall Street suffers worst loss since Election DayShares are mixed in Asia after U.S. stocks fell to their worst loss since Election Day.
Source: ksatnews - 🏆 442. / 53 Read more »