Global stocks mixed after strong U.S. factory data prompt a Wall Street retreat

  • 📰 latimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Asian shares are mixed after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates.

Global stocks were mixed on Tuesday after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates. European markets opened mostly higher, but Germany’s DAX then slipped, losing 0.1% to 18,525.79. In Paris, the CAC 40 was flat at 8,206.00. In London, the FTSE 100 was up 0.3% at 7,976.39. The future for the S&P 500 was less than 0.1% lower and that for the Dow Jones Industrial Average dropped 0.3%.

economy remains strong despite high interest rates. That’s a positive for the stock market because it can drive growth in profits for companies. But it can also keep upward pressure on inflation. That in turn could mean a more hesitant Federal Reserve when it comes to the cuts to interest rates that investors crave. Following the manufacturing data, traders on Wall Street briefly trimmed bets on the first cut to rates coming as soon as June.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 11. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: AP - 🏆 728. / 51 Leer más »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Fuente: AP - 🏆 728. / 51 Leer más »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Fuente: AP - 🏆 728. / 51 Leer más »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
Fuente: ksatnews - 🏆 442. / 53 Leer más »

Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan's Nikkei 225 topped 41,000 for the first time early Friday but then fell back. Chinese property and tech companies weighed on markets in Shanghai and Hong Kong. On Thursday, the S&P 500 rose 0.3% to an all-time high for a third straight day.
Fuente: AP - 🏆 728. / 51 Leer más »