Stock market today: Asian shares are mixed after Nasdaq sets a record ahead of Fed meeting

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 51 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 63%

Jerome Powell News

Washington News,Stephen Innes,World News

Shares are mixed in Asia after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year.

Read full article: School crossing guard arrested in hit-and-run crash that left man critically injured

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Dec. 16, 2024, in Tokyo. Investors have appeared disappointed over Beijing's latest announcements about policies aimed at buttressing economic growth and encouraging more consumer demand. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations thanks to the wave of enthusiasm about its artificial-intelligence offerings.

Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high. The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago., which set another all-time high on Monday of over $107,000, according to CoinDesk. It was trading at $106,870 early Tuesday.

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 after Nasdaq sets a record ahead of Fed meetingShares are mixed in Asia after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year. U.S. futures were higher and oil prices fell. On Monday, the S&P 500 rose 0.4% Monday. The Dow Jones Industrial Average slipped 0.3%, and the Nasdaq composite rose 1.2%.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian stocks are mixed ahead of key US inflation dataAsian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian stocks are mixed ahead of key US inflation dataAsian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Asian stocks are mixed ahead of key US inflation dataAsian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday. U.S. futures were little changed and oil prices rose.
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: ksatnews - 🏆 442. / 53 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. Tokyo's Nikkei index fell nearly 1%. On Tuesday, the S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.
Source: AP - 🏆 728. / 51 Read more »