MSCI's broadest index of Asia-Pacific shares outside Japan declined 0.23 per cent. Australian stocks rose 0.55 per cent, but shares in China slipped 0.44 per cent. — Reuters picTOKYO, April 28 ― Asian shares were mixed today as already high valuations discouraged investors from buying equities ahead of a closely-watched US Federal Reserve meeting.
These developments would normally be a positive for stocks, but analysts say so much economic optimism is already priced into the equity market that it is difficult to buy stocks further from current levels. The Dow Jones Industrial Average rose 0.01 per cent, but the S&P 500 lost 0.02 per cent, and the Nasdaq Composite dropped 0.34 per cent as investors digested a mixed bag of earnings from Tesla Inc, 3M Co, Microsoft Corp, and Google-parent Alphabet overnight.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian shares wobble ahead of Fed outcome and earnings | Malay MailTOKYO, April 27 ― Asian shares fell and US stock futures were steady today as caution ahead of a US Federal Reserve meeting and a slew of corporate earnings offset growing optimism about the global economic recovery from the Covid-19 blow. MSCI's broadest index of Asia-Pacific shares outside...
Source: malaymail - 🏆 1. / 86 Read more »
Asian American business leaders launch US$250m effort to combat anti-Asian hate | Malay MailNEW YORK, May 3 — Business leaders launched a five-year, US$250 million drive today to support the causes of Asian-Americans and Pacific Islanders, vowing to set up a national infrastructure for a community targeted by a rising number of racial attacks. The Asian American Foundation will invest...
Source: malaymail - 🏆 1. / 86 Read more »
US stocks open mixed, awaiting Fed decision | Malay MailNEW YORK, April 28 — US trading began mixed today amid the continued flurry of corporate earnings, but investors appeared to be waiting for the conclusion of the Federal Reserve’s policy meeting later in the day. “The earnings news has been spectacular, yet the response has been spectacularly...
Source: malaymail - 🏆 1. / 86 Read more »