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

France Nouvelles Nouvelles

Asia stocks wobble as OPEC+ output cuts, weak US data raise uncertainty
France Dernières Nouvelles,France Actualités

Asian stocks dithered on Tuesday as investors grappled with inflation concerns in the wake of the surprise cuts to the OPEC+ group's oil output targets, while treasury yields retreated after frail U.S. manufacturing sector data.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

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%.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in FR
 

But US stocks going to Mars

I'm ready, burn it all down

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian Stock Market: Trades mixed as NFP week begins with OPEC+ surpriseAsian 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
Lire la suite »

Stock Market Today: Dow up 300 points as energy shares jump after OPEC+ oil production cutsStock 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.
Lire la suite »



Render Time: 2025-01-16 10:18:51