Stock market today: Wall Street mostly lower in premarket as world's central banks take center stage

FILE - A street sign is seen in front of the New York Stock Exchange in New York, Tuesday, June 14, 2022.

But Fed officials will also give updated forecasts for where they see interest rates heading this year and in the long run. They earlier had penciled in three cuts to rates this year, which would relieve pressure on the economy and financial system. Tokyo’s Nikkei 225 index rose 0.7% to 40,003.60, while the dollar rose to 150.36 Japanese yen from 149.14 yen.

“We anticipate the BOJ will maintain an effective zero-interest rate policy at least for another year,” Shigeto Nagai of Oxford Economics said in a commentary.spinning off its Ben & Jerry'sBitcoin slid again Tuesday, losing another 8% as it fell to just above $63,000. Since its peak above $73,000 last Wednesday, the original cryptocurrency has lost nearly 14% of its value. Most other cryptocurrencies also declined.

Chinese markets fell, pulled lower by heavy selling of property shares. Hong Kong’s Hang Seng index lost 1.2% to 16,529.48, while the Shanghai Composite index dropped 0.7% to 3,062.76.

Canada Canada Latest News, Canada Canada Headlines

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

Stock market today: World markets are mostly lower after retreat on Wall StreetShares have retreated in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Wall Street rises ahead of a big week for central banksStocks rose ahead of a busy week for central banks around the world that could dictate where interest rates go next.
Source: latimes - 🏆 11. / 82 Read more »

Stock market today: Asian shares mostly rise after Wall Street's record rallyAsian shares are mostly rising, encouraged by a record rally on Wall Street. Benchmarks gained Wednesday in Sydney, Seoul and Hong Kong. Tokyo's Nikkei 225 lost morning gains to slip in afternoon trading. Also on investors' minds is the Japanese yen's rise against the U.S.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Global shares trade mixed despite Wall Street's record rallyGlobal shares are mixed in muted trading as optimism set off by a record rally on Wall Street gradually ran out of momentum.
Source: wjxt4 - 🏆 246. / 63 Read more »