Asia stocks wobble as OPEC+ output cuts, weak US data raise uncertainty

dropped 6.1% after disclosing March-quarter deliveries rose just 4% from the previous quarter, even after CEO Elon Musk slashed car prices in January to boost demand.

Treasury yields retreated after the U.S. manufacturing data, which increased expectations for some investors the Fed will cut rates later this year as the economy slows. Separate data also showed U.S. construction spending weakened in February. The two-year yield , which rises with traders' expectations of higher Fed fund rates, touched 3.9841% compared with a U.S. close of 3.98%.

But US stocks going to Mars

I'm ready, burn it all down

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Asian Stock Market: Trades mixed as NFP week begins with OPEC+ surpriseMarket sentiment in the Asia-Pacific region remains mixed as traders struggle to cheer receding hawkish Fed bets amid fresh inflation fears emanating
مصدر: FXStreetNews - 🏆 14. / 72 اقرأ أكثر »

Stock Market Today: Dow up 300 points as energy shares jump after OPEC+ oil production cutsMarketWatch Live: Dow up 300 points as OPEC+ quota cut ignites energy shares This is great news! Oil prices will likely come down, which will benefit consumers in the long run.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »