TOKYO — Asian shares rose Wednesday, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.
That was lower than the expected 5.2%, marking the first time since February 2022 that the indicator fell below 5%. Big tech stocks powered much of the rally Tuesday. Apple rose 2.2% and Nvidia climbed 4.2%. Advancers outnumbered decliners by 4 to 1 on the New York Stock Exchange. Bond yields fell broadly. Markets in Europe and Asia also rose.
“Markets reacted to the release of the consumer confidence and job opening reports by rallying, with both bonds and stocks up on the news as odds for a Federal Reserve rate hike at their next meeting in September fell,” said Sam Millette, fixed income strategist for Commonwealth Financial Network.for more than a year to its highest level since 2001, in an effort to bring inflation back down to its 2% goal.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market today: Wall Street opens higher after a rare winning weekNEW YORK (AP) — Stocks are opening higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports. The S&P 500 was up 0.7% in early trading Monday. The Dow rose 274 points, or 0.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street gains ahead of busy week of closely-watched economic reportsNEW YORK (AP) — Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports. The S&P 500 added 0.6% Monday.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street quiet ahead of consumer, labour reportsWall Street was quiet early Tuesday ahead of some potentially market-moving jobs data and a survey reflecting consumers' feelings about the economy.
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »
Stock market today: Wall Street quiet ahead of reports on consumer confidence, job openingsNEW YORK (AP) — Wall Street is quiet ahead of some potentially market-moving jobs data and a survey reflecting consumers’ feelings about the economy. The S&P 500 rose 0.1% and the Dow was essentially unchanged as trading opened Tuesday. At 10 a.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Wall Street rises following updates on consumer confidence, job openingsNEW YORK — Technology companies led a broad stock market rally Tuesday after two economic reports raised hopes on Wall Street that the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 1.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »
Stock market today: Asian shares mostly rise as attention turns to earnings, economiesTOKYO (AP) — Asian shares mostly rose Tuesday as markets shift their attention from the U.S. Federal Reserve to earnings and economic reports. Regional markets also got a perk from signs China-U.S. relations may be improving, as the nations agreed to work together to smooth out economic relations, including business and trade. “This sounds more like the kind of pragmatic and decisive breakthrough that is required. The proof will be in the pudding and only time will tell, but markets are correct
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »