Investing.com-- The Dow sank to a fourth-straight daily loss Thursday, after giving up intraday gains on rising geopolitical tensions and hawkish remarks from Federal Reserve officials just ahead of the crucial monthly jobs report due Friday.Geopolitical tensions ratcheted up amid fears skirmishes between Israel and Iran are set to escalate. Israeli Prime Minister Benjamin Netanyahu vowed to operate against Iran and its proxies in the face of imminent threat expected from Iran.
The Fed has the luxury of waiting to cut rates as inflation data since the turn of the year "has been a little less encouraging," Richmond Fed President Thomas Barkin said Thursday. Claims had bounced around between 212,000 and 210,000 for much of March, and this rise suggested that labor market conditions were weakening.Jefferies lifted its price target on Meta to $585 from $550, on optimism that the social media company could capture about 50% of incremental industry ad dollars in 2024, with ad revenue potentially growing at 20%, supported by generative artificial intelligence.
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Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia. U.S. futures were lower while oil prices rose. China real estate developer Vanke’s Hong Kong-listed shares slumped 11.4% on Tuesday after the company reported last week of a notable decrease in profit and no dividend payout.
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Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsAsian shares were mixed in muted trading, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225 finished little changed Tuesday. Shares fell in Sydney, but rose in South Korea and China. Wall Street edged back further from its record heights reached last week. The S&P 500 slipped 0.
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