BANGKOK — Asian shares were mostly higher in thin trading Monday with many markets closed for holidays.federal government shutdown
On Friday, Wall Street closed out its worst month of the year with more losses. The S&P 500 slipped 0.3% to 4,288.05 and the Dow fell 0.5% tp 33,507.50. The Nasdaq composite edged 0.1% higher, to 13,219.32. Treasury yields have been climbing sharply as Wall Street accepts a new normal where the Federal Reserve is likely to keep interest rates high for longer. The Fed is trying to push still-high inflation down to its target, and its main tool of high interest rates does that by trying to slow the economy and hurting prices for investments.Friday’s economic data showed that not only was inflation a touch cooler than expected in August, so was growth in spending by U.S. consumers.
A new video appears to show a Russian tank hitting a mine in southern Ukraine, catching fire and sinking in a to a body of water.Social media users ripped the former president's "disgusting" remarks about a hammer attack that resulted in serious injuries for Rep. Nancy Pelosi's husband.Enbridge and Telus are dividend studs that may be worth buying if you love passive income.
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