Asian Stocks Rise Ahead of Fed Rate Decision

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 49 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 63%

Business News

Asian Stocks,Federal Reserve,Interest Rates

Stock markets in Asia mostly climbed on Wednesday, anticipating the Federal Reserve's final interest rate announcement for 2024. Japan's Nikkei 225 saw a slight dip despite positive export growth.

Crash leaves 1 person dead on Jacksonville’s northside‘She’s incredibly strong': Woman who ended up in ICU after fending off intruder was saved by willpower, niece says

A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 18, 2024.

The yen traded lower ahead of a meeting by the Bank of Japan, where the central bank is expected to keep its benchmark rate unchanged when it provides a policy update on Friday. On Tuesday, the S&P 500 slipped 0.4% to 6,050.61, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average dropped 0.6% to 43,449.90, and the Nasdaq composite gave back 0.3% from

“The Fed is still on track to cut rates , but more strong economic data could make it more likely they’ll pause in January,” according to Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley.

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.

Asian Stocks Rise on China's Fiscal Spending PlansMost Asian stocks climbed on Wednesday after a report indicated China will increase fiscal spending in the coming year, though gains were tempered by caution ahead of the Federal Reserve's rate decision. U.S. stock futures remained stable in Asian trading, with all eyes on the Fed. While a rate hike is anticipated, the central bank is also expected to signal a slower pace of tightening in 2025, potentially impacting risk-sensitive markets. Additionally, central bank meetings in Japan, Thailand, Indonesia, and the Philippines are scheduled this week.
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: Asian shares rise after tech stocks pull Wall Street to another recordAsian shares are mostly higher after technology stocks pulled Wall Street to another record finish. Benchmarks rose in Tuesday trading in Tokyo, Seoul, Sydney, Hong Kong and Shanghai. On Monday, the S&P 500 rose 0.2% after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares rise after tech stocks pull Wall Street to another recordAsian shares are mostly higher after technology stocks pulled Wall Street to another record finish.
Source: wjxt4 - 🏆 246. / 63 Read more »

Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on ChinaShares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China. 
Source: nbcsandiego - 🏆 524. / 51 Read more »

Stock market today: Asian stocks are mostly higher ahead of Federal Reserve's meetingAsian stocks are mostly higher ahead of the Fed’s last rate decision this year. U.S. futures rose while oil prices were mixed. Nissan Motor Co.’s shares surged 22% after reports said the company was considering a possible merger with Honda Motor Co. On Tuesday, the S&P 500 slipped 0.4% and the Dow Jones Industrial Average dropped 0.6%.
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: ksatnews - 🏆 442. / 53 Read more »